One day you say there's a lot going on behind the scenes and the next you say he's not going to spend another dime on this deal.
I'm sure that TMeg was able to sell all his RE holdings a month or so prior to the downturn. That's how these Wharton Guys work. Always one step ahead, just like TMeg.
Call him and ask him, your the moderator aren't you? At least communicate with his home boys and see what's going.
That way you could maybe come across as at least semi-informed.
OK so you are saying Megas as of today, is broke? He has no money to file? Yet you tell us that Megas has spent $800.000 of his own money in an attempt to get filings current. So it would be logical to assume that he spent his last $8oo.ooo in doing so, because now "he is broke"???? I think there are some storys being told here, that have nothing to do with the truth. Make up your mind!
Severely pummeled? Boo-freakin-hoo! 50 million euros in real estate holdings is 75,000,000 us at todays rates. Even at a 50% hit, which is highly unlikely, he would still have over $37 mill in holdings....what a pauper. No wonder why he can't afford filings and/or legal fees.
Who needs to make up their minds??? ...the Megas worshipers keep telling us of Megas's abundant mysterious assets (which no one can verify) and claim he will merge into the shell if only the evil SEC/DTCC will give him a chance...then turn right around and say he is broke and can't even afford filings...and ask for donations to boot!
C'mon Masta..which is it??...or do people need to keep bringing up this farceful contradiction until the Megas sheep finally get it??