Let me take a guess, Jan Petzel invested in a failed venture
8/20/12 (1) $3,087 $2,000 $1,087 8/19/17 Par Value (5) Jan Petzel Cash 7/23/14 (2) $39,912 $20,611 $19,300 7/23/15 Par Value (5) Jan Petzel Cash 9/18/14 (2) $20,840 $15,000 $5,840 18/9/15 Par Value (5) Jan Petzel Cash 11/7/14 (3) $19,582 $10,500 $9,082 11/7/19 Market % Jan Petzel Cash
Christopher Petzel stepped in. and created a clusterfluck. Now everyone is suing everyone.
Restricted shares were issued to cover Jan Petzel "investment losses" debt...?
"The Company is in discussion to significantly expand its management team and enter the digital hospitality space by way of an acquisition. There is no guarantee that a transaction will be consummated."
Coming new venture? Or Shares issued to Jan Petzel before lawsuits takes it bankruptcy?