If you read the agreements…and I have, there is no clear issue that would have triggered this.
So either there was some undisclosed “agreement”, verbal or otherwise or George has something on Brian and went to town on him.
Either way…it’s not good.
The issue I am referring to is whether there was any agreement to keep FORW whole if the stock tanked.
That would have made the exercise of the warrants a loan and therefore not “fully paid and non-assessable”. And that is illegal.
I am just commenting on what I see. There is no discernible contract breach, violation or dispute basis.
And the key piece for me was the fact that they filed the settlement with the Court. There was actually no need to do that.
I am not sure if you are familiar with 3(a)10 scams…but this has similar ingredients involving a “Court”.
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