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mAjOr dAmAgE

08/23/07 12:06 AM

#24250 RE: reapingprophet #24248

No, you've got a right to be mad at IBCX, although I think he wanted the hotel and restaurant to work and wanted to make money that way. The beef though was with the PRs, of course. I think TSXT is being a little more forthright. As far as creditors filing UCCs that list the old and the new, well I don't know if the absorption of debt was part of the deal transferring the shell. They said in their PR that Hayter indemnified them from any action. For all we know, Hayter was supposed to pay that off and didn't.

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designknob

08/23/07 12:16 AM

#24251 RE: reapingprophet #24248

I agree entirely. Actions speak louder than words, and honestly, all I want is to break even. It kills me to think I thought I was getting a good deal and it's off over 50%. I understand growing pains, etc... but at least hover around $.30 or so... seeing $.15 today was utterly sickening!