This seems to have been your last post here... I sure haven't seen any explanation, REAL information, and let's face it...NO one would believe any of their "guarantees", even if they were offered...LOL! I'm sure you are still out there somewhere and I'm wondering what your take on the information I uncovered about the Ironridge settlement is?
You have spoken in the past about possible criminal behavior
If Matt/managements whole plan was to rip off retail investors for there own benefit. They will all be destroyed financially, and will go to jail criminally. Management cannot transfer $45000 to a secondary company owned by the same management for a contract for services that has never been fulfilled, to a company not pursuing a profit. It ILLEGAL.
No one is going to pay $40.00 dollars a pop for a minimum of 10 cakes, that each feed two people. Do you really think a person who has spent the last 10 years in this industry and look at frozen ice cream as a potential more lucrative venture, with the price structure described above?
I don't hear Matt called stupid many times on this board, for him to "take the money and run" so to speak, would be insane. He would NEVER get away with it civilly or criminally.
You have stated that
I have been a very strong supporter of his for a looonng time, I hold alot of shares.
If you look back at my post I was silent for a long time, stating that I would become much more active, if I didn't see real progression by the end of March 2012.
There has not been significant advancement with the company, based on the stated proxi. Well I am back, but idle chit chat on an investor board is not what I am about.
what I am about is airing my concerns to management, expecting to receive answers, if I don't then I start taking action.
First step is a new round of complaints to the SEC- regarding potential conflicts of interest.
Second step is inquires to the DTC regarding the second round of shares.
Third step is civil inquires regarding the stated use of the proxi shares vs their actual use.
This begins this week.
I would rather drive my investment into the ground, than see it slide into bankruptcy.
And management is silent?
There is something SERIOUSLY wrong here. Investors will now DEMAND answers.
Time for management to start talking-- even if its forced.
Surely you must have some thoughts on the inclusion of Stephanie and Sandra's legal bill for Welsome, being included in the "settlement"?
Surely you must be wondering how they are allowed to use the 3(a)(10) exemption, after they prevented the shareholders from learning about the settlement in advance by holding the "fairness hearing" EX PARTE? (not to mention the fact that they failed to notify the shareholders that the settlement occurred...)
Surely you must see that this "settlement" that Matty shoved through without the shareholders knowledge, was NOT IN THE "BEST INTEREST" of the shareholders... thus it was a BREECH OF FIDUCIARY DUTY???
We are well past March... I'm wonder IF you have begun any of the inquiries you mentioned? Or if you have filed any complaints? Perhaps, even called Joe and ask him for answers???