GRNO could not have NOL carry-forwards in excess of $10M generated during Carraway's tenure and less than $6M in Accumulated Deficits when he left. Impossible.
Mr. Carraway, wherever he is, doesn't matter any longer. The SEC and taxing authorities' business, if they have any, is with GRNO in its present state and they don't care what mountain the former CEO is hiding on.
What about the statements or should I say requirements in the sec settlement as per the 10k not the least being " 8. Carraway agrees not to sell, exchange or transfer any of the securities or interests he owns or controls in the Company or its related entities as of November 20, 1997, without complying in all respects with all applicable laws."
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