Coupla other observations concerning the peeing match, clearly underway between Uli and the K boys here:
1. If, as Coasti and others have so well spelled out in cut and paste that Uli/Trimax was not paid and so crippled by GTEM for not having paid fees on time and so tardy...why is it that GTEM initiated a law suit? Why did not Uli do so? And it's July already!
2. If this is so clear cut and dry for Uli, why does he need former employees to step forward in his defense? (Is he so sure these former employees, who may be in violation of securities laws, really will allow themselves to be deposed in his behalf?)
3. Why did Uli agree to an "amicable" agreement with GTEM this year, if there was so much bad blood to begin with?
4. Where are the "equipment" assets GTEM hopes to recover, and who now holds possession of them? (as an aside, these are testing equipment for the Hotzone boxes as they are manufactured to insure they will perform in the field properly..Quality Control at Mfg. point stuff...for which, GTEM already has backup duplicates in the hands of their other OEMs). So this is a matter of principle issue for GTEM on recovery of owned assets, as opposed to an "Oh My God" got to have to move forward to survive issue. What if Uli does not any longer have those assets and transferred them to someone else, that alone would be a breach of contract. Just a thought. I don't see anything in the love letter to indicate Mr. Uli still possesses and is protecting those assets. (To the contrary...the breach of lease issue for the space Uli supposedly was paying for, has been abandoned...and despite what Vern claims...you can bet that equipment was not "abandoned"..lol.)
5. Why is Mr Lynch making himself look so vulnerable as an open season on a really bad former CFO, as a new CFO? Well...good luck.
6. Why is Uli's attorney implicating Huff as a "step up to the plate" former executive to vouch for Uli's defense?
I love this...
m