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Deadheded

09/11/09 9:15 AM

#25221 RE: maverick one #25213

maverick, LJ invested $150,000 cash in the company and was COO. He has now walked away. The current management used the money to pay themselves paychecks. We had a great CEO but he lasted less than 6 months. Once he found out that he was working with crooks he walked. Before he left he had a national distribution deal setup with GOYA. GL and CR blew the deal and it all fell through. Jim Brown left a long time ago, couple of years maybe. GL and CR did something with a VP of a bank and got a loan against shares and bought themselves new SUV's. The first batch of can were bought from the cheapest manufacture GL could find and the exploded. There was/is a toxic financing deal in place were the company issues shares to the financier at a 5% - 20% discount to the sell price. The financier sold/sells every share they can. Just look a the NV corporate site to see all the crazyness going on with the AS. There is a ton more but I don't want to waste the time on it.
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jbacker

09/11/09 11:04 AM

#25224 RE: maverick one #25213

management is bad news - check news archive at speakeasyspirit.com - I've filed a second complaint with the SEC and it is taking them longer this time - perhaps I got their attention. Nothing personal, but I don't want to disclose everything here as the board is monitored by HFBG management...