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GetSeriousOK

12/04/23 1:18 PM

#15426 RE: Pacjd #15425

SMI may have paid GTHP some money but it wasn't much -- if you disagree, name the quarter in which SMI's payments show up on the balance sheet. And that $1 million was part of the agreement between Shenghuo and GTHP, not SMI and GTHP.

GTHP doesn't owe Shenghou any money that is contingent upon SMI making a payment. SMI and Shenghuo are completely independent of each other. Any money paid by SMI to GTHP is the property of GTHP, not the property of Blumfeld or Faupel. If GTHP want to repay Shenghup for some past loans, thry can, but they are not contractually obligated to do so if/when SMI pays anything.

Faupel and Blumberg may or may not have to pay Conte some money but GTHP is not a defendant in Conte's lawsuit.

I understand that you are upset about (and perhaps involved in) the Conte case. Perhaps a different message board would be a better place to complain about that matter.