Marshvest, they published year end '06 numbers showing only 4.2-miilion is convertable debt. Then the publish mid-year '07 numbers showing an increase in year end '06 convertible notes of 6.8-million. As we all know these are unaudited numbers, but that don't mean you can just make it up! You have to certify that they are accurate, etc. Nobody just forgets millions of dollars in convertible notes.
This is outrageous. And the fact that it happened on Ellis watch tells us a lot about him. But why would Ellis get in bed with Lanza? There all just liars.