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Personalizit

07/21/09 7:40 PM

#180305 RE: Phishentine #180303

It's not like those deals are bringing in lots of cash. I don't get it. But there's a lot of things this company has done that I didn't get, like:
Where's my promised shares of PUPS and the Israeli company?
(Just venting, that was long ago and those shareholders from back then are suppose to forget that because that was old management and new management would never do such a thing as hurt the current shareholders like the old management did).
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movieguy

07/21/09 7:42 PM

#180306 RE: Phishentine #180303

I'm wondering if he is simply tying up loose ends and getting rid of non essential assets. So why would he do that? Plus a smaller amount of money for Neom. I don't know what the reason is behind this, but I find it very interesting.

MG
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jonesieatl

07/22/09 6:23 AM

#180358 RE: Phishentine #180303

"What is Iain doing? And how is HE profiting from this death spiral financing?"

Did you ever read Iain's employment agreement and the salary/etc involved? He's profiting just like Chip profited except with more dollars involved ... a very nice salary for what always seems like very little progress. Kind of like just being a figurehead while YA works yet another of their computer-program-driven processes of wealth transferal from otcbb investors to themselves.

Plus he's got a nice commission structure should the company ever get sold ... and should YA not figure a way to keep him from getting it.

JMHO

jonesie