You are all dropping the ball here. You got a brand new investor here that bought this stock because he found MSEP through a purchase of a scale car on EBAY and he asks you all a very good and pertinent question and not one of you is going to answer it for him. Anyone? Maybe no one likes the answer. Out of sight out of mind. Welcome Bramabill. I wish you luck here. Scott
Bramabill...dave worked previously for Ten Stix as a consultant. He was trying to streamline their business and get things going. It became apparent that this business was a losing venture and there was not much hopw for it's survival. dave wroked out a deal thru Bob brehm to buy out the two guys that were running the business. the number was around 200K for them to walk away from Ten Stix and the 200K was payment. This money has been being paid back to Brehm at 10K a month and brehm is listed as a consultant. This is due to be paid in full by July.
Also, when Dave was still just an employee of Ten Stix he was given 500K shares of stock as payment. At this time Dave could have cashed that out and put the money in his pocket. he chose not too and instead became the CEO of the newly formed MSEP. At that point in time Dave could no longer just freely sell those shares with no required filings. Now that he is the CEO he needs to file form 4's and 144's to sell them. He still owns every share under the name DK Holdings. I think this shows that he thinks this company is going to make it and he took money that he probably could have surely used and essentially locked it up because to sell it he would have to file to do the sale. This would not look good for the CEO to be dumping shares so those shares still sit in an account. I believe this shows dedication to the cmpany and the he has faith in building to this a point that "if" he decides to sell these shares they will be at much higher levels.
This is from memeory and I think i am VERY close to being right on with my words and I hope this defines a little bit about Daves past and what he intends for the future.