Replies to post #3537 on CardioVascular BioTherapeutics (fka CVBT)

[johnnyblades2001]

If we use Dan Montano accounting rules I disagree.

Barry Canaday may be a lawyer but is he an accountant? Is he a financial professional? Is he qualified to provide valuation of assets? The answer is no.

Move along and find another place to lay your hopes and dreams because this one will not fly. Keep grasping at straws.

[cvbtech]

In my experience with lawyers, they will not take a case and begin work without a retainer being paid. And since Mr. Cannaday is a "partner" with one of the largest law firms in the country, we have to assume this is true. Once the retainer is paid they will work until the money from the retainer is used up and then request another retainer. This scenario continues until the case is completed. So one has to assume somewhere along the lines of this case there had to be a disagreement on fee's or performance, which prompted VT not to pay. From what I understand, this is not uncommon. Also, just because Mr. Cannaday withdrew from the case does not mean he won't be paid. I'm sure there are negotiations going on to get him paid and this will no longer be a talking point for the non supporters.