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Sosa

09/09/11 2:44 PM

#47833 RE: THE_BAMFACTSTER!! #47832

Assuming - Dave, an independent director - has the financial records, and you are correct that he has not returned them, and he is extorting money from the company in return for them, is there anything criminal in his action(s)?
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litton51

09/09/11 3:11 PM

#47834 RE: THE_BAMFACTSTER!! #47832

This thread is foolish. A company director refuses to hand-over to the board official financial records. The remaining directors get a court order for him to do so while telling the SEC that the hold-out is the source of the company being delisted. Situation resolved.

There was recently another thread claiming that the BOD is so stupid that it signed a settlement with Daic that allows Daic to not only keep ownership of the 923 patent but to get a large share of all US business. I know this board is largely entertainment for many, but come on.
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litton51

09/09/11 3:13 PM

#47835 RE: THE_BAMFACTSTER!! #47832

>>Last I checked Dave Williams still has not surrendered the financials think he is scared if he does he goes straight to jail. Does not pass go does not collect $13,000.

Let me put you on the spot. How did you check? With whom? When? In the absence of verifiable documentation, why would anyone believe such rumors?