The fact is it was Jeff's shell the past 5 years, he maintained it, paid legal/registration fees for it, paid off Cornell to keep it alive, did his best to put a deal in it, and sold a few million shares to make it happen. While he was at the helm, the Float remained the same, so there was no dilution either. He had 60M shares during that time he used to fund these expenses, etc.. Yes, I think he was entitled to benefit in some way from this effort!
Please contact Tony and ask him if Jeff Berkowtiz has been paid for his shell yet and if he has shared his trade records? I think you already know the answer :-)
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