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tigerpac

01/10/12 1:00 PM

#12088 RE: nagoya1 #12086

an excerpt from post 11529 ....

posted by Davel0r:

Maybe someone is interested in the answers I got from Ingrid one more time:

Good morning David,
First, thank you for your continued support in Valcom. I appreciate you
reaching out and wanting to know more of the Company that you are part of.

I have commented before on the Cups n Strings issue which was posted
entirely on the message board and the situation remains the same. I do not
want to write anything that will smear Mr. Maddocks or his company, as this
is just a simple transaction between one company to another and these
corporate intricacies really have no place for them on a message board.
What I wrote before remains the same. We are late in our payment to him but
have every intention to satisfy the debt.

As far as the "take over".. Mr. Maddocks wrote that I assured everyone that
it was not going to take place.. However I have NEVER wrote such a thing.. I
cannot tell the future (If I could I would have won the $245K Powerball from
last week :)). I have always said that the Board has tried to remove Mr.
Vellardita (as you can see in the filings) and we are currently in
litigation because if it. We ARE under a Status Quo Order until our trial
date is set. Mr. Vellardita was simply trying to inform a vendor of the
Company's current "legal restrictions" and why it has been a chore to get
him paid as his invoice is larger than the $10K cap that the courts have
instilled upon Valcom.


I hope this somewhat clears things up for you.

Have a great day,
Ingrid