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samson8

01/05/24 7:48 AM

#11315 RE: ed3/6me #11314

Id have sellers remorse too if I was promised a payment schedule for the company I built being sold to someone else and then the purchaser never living up to, or intending to live up to, their end of the purchase contract.

Then they schemed up a reason to remove the Evans from the company and are claiming they don't have to pay them. There is a long list of court filings.

reader3

01/05/24 9:46 AM

#11317 RE: ed3/6me #11314

So what. The court isn't going to take the company away from shareholders. The most it's going to do is order some form of specific performance (pay shares / warrants / money...which is what public companies do). And that's if the case isn't settled / mediated before going to trial. The claims were over the top because the claimants were hoping the court would give them everything they asked for. It didn't.

Ask yourself why the minority shareholders remain with the company if the allegations were true. Obviously there were some specific issues and differences with the majority shareholders.