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Kaliflower

03/31/21 4:53 PM

#65013 RE: alwaysthankfull #65010

Yup I'm aware that Tom tried to discuss crypto holdings with Bill via email for a short while after Tom had taken over. It's just unclear about Bill's direct role in Pillsworth's hiring since Bill had supposedly stepped down already by the time Pillsworth even came into the picture. Either way, it seems Bill withheld critical information from Tom regarding the bitcoin situation in those emails which is why people were so confused about the original bitcoin to begin with. I do not fault Tom for the handling of the company due to the lack of clarity that Schaefer presented about the company's financial standing at the time of Tom's hiring. As I've said before, he's had to go through a lot just to get the company up and running again. From what I can tell, significant progress has already been made.
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Starlost

03/31/21 5:10 PM

#65015 RE: alwaysthankfull #65010

Ok great! So then how come Pillsworth has never taken any legal action against Schaefer to recover the bitcoin?? It's illegal for Schaefer to personally retain the bitcoin. He either sold it off to profit, he still has it, or he struck a deal with Pillsworth to split the bitcoin.

If Pillsworth does not have a deal with BS, then Pillsworth better get off his ass and start legal proceedings to recover the bitcoin and sue BS for their value.

This is not something that can just be erased from the company books.

Also, which "number" of bitcoin is he referring to? The purchase of 513 or the ownership of 576 or both??

Where is the 'missing' bitcoin Tom?? This is not going away, and the current CEO has a fiduciary duty to the shareholders to recover the bitcoin as this is a public company.

Last email from old CEO Bill Schaefer dated as recently as January 4th, 2019 confirmed the number of Bitcoin in financials was correct.

https://coincitadel.net/ce-%26-bitcoin-holdings
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Starlost

04/01/21 7:22 PM

#65096 RE: alwaysthankfull #65010

This statement alone should have put some fire under Tom Pillsworth's butt to initiate legal proceedings to recover the bitcoin. Tom's new position to just erase the bitcoin from the books, and the $724,000 of cash from the books is just fraudulent.

Pure fraud.

Last email from old CEO Bill Schaefer dated as recently as January 4th, 2019 confirmed the number of Bitcoin in financials was correct.