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jscot

03/31/12 4:48 PM

#48238 RE: peter99ff #48230

Unfortunately, AWYI has no revenue. What the so-called partner companies make, they keep. Same thing as when AWYI acquired Lime truck. Limetruck may have made a little money, but obligations weren't met, so none of it went to AWYI. Elsinore is a ghost company thrown together when AWYI failed in 2008 and they realized that there was no escaping Cornell.No Revenue either. Elsinore wants 5 mil to stay in operation, with no projected income.
Facetime and Mason media basically acknowledge AWYI as a friend and let AWYI use some office space? AWYI has no capital to work with, and the only way it ever could have would be to borrow money through another toxic financing company like Cornell. Biggest mistake Arne ever made. JMO