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pumper_stumper

01/17/12 5:38 PM

#41877 RE: mquattrini #41876

""It would be even better if this serves a lesson for Roxanna not to fall in ludicrous traps similar to Gilman and Unitell in the future.""

It shouldn't take even this. Anyone looking into the history of the company can find at least a dozen previous cases of "ludicrous traps" (emax cell phones, emax CDs in stores, Colorado real estate deal, etc) without having to live them again with this latest Gilman/Unitel/loan fiasco. Why should it take living through another one of these fiasco's to understand what Emax really is (and isn't)? This LOAN episode is nothing new, it is just the latest chapter of what Emax has been about for the past 10 years under the foolish "leadership" of the Webbers!

Your idea the the CFO was behind this and the CEO is blameless is simply unfounded. The CEO has boasted about this loan herself, never once giving credit that it was anyone elses doing. The idea that it is the CFO's fault is total speculation on your part. In addition, it involved EMXC and MPIX, both having different CFOs. Roxanna Weber was the leader of this fiasco, running both companies involved. Make no mistake about it!

Have you ever heard of the expression, the buck stops here? Well that is the responsibility of the CEO. NO CEO ALLOWS A LOAN WITH A VALUE OF SEVERAL TIMES THE VALUE OF THE COMPANY TO BE APPLIED FOR WITHOUT HER EXPLICIT BACKING AND APPROVAL.

You ARE correct in your statement of PRs being needed rather than homemade youtube videos.

Lastly, has she answered your email yet? I believe we are getting close to 4 weeks now! Please keep us posted in her avoidance of your reasonable important questions.
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unconvinced

01/17/12 11:30 PM

#41894 RE: mquattrini #41876

Why would you think that Roxanna was duped on the loan deal? She knew before the deal that a previous "loan" arranged by Inter Global with BTDG did not go through. The details were kept vague as the issuer was referred to only as a "top 50 bank". Based on the financial history of EMXC, it was just not reasonable to think a real bank would actually loan this amount of money to a floundering penny stock company with little to no income or tangible assets.

I think she knew from the get go that she was never going to see this money.

-unconvinced