Dear Mike
I am one of the investors that purchased ALCL shares directly from you and Greg. It seems that you sold us ALCL restricted stock and pocketed approximately $250,000 and you never gave that $250,000 to ALCL the company as payment for our shares. Do you still have that money? Certainly you know that you were not supposed to keep that our money for yourself.
Now my attorney says I should sue you for fraud and theft for pocketing all of the money we gave your for our shares of ALCL instead of you giving the money to the company to pay for our shares. Since you didn't give the money to the company they may not clear our shares for trading because they were never paid for.
Any other shareholders who received ALCL stock from Mike may want to join my lawsuit against him for theft and fraud. Please Mike give the money so we can clear our stock.
It appears that you have managed to scam ALCL and CPWY and seem to be putting up some front as an injured investor. When if fact you received cash and stock from both companies that you refuse to return. Who needs to be sued? You or Davies
Just one of the emails delivered to ALCL asking Mike to return cash that doesn't belong to him.