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sctts

11/26/12 12:46 PM

#79298 RE: Bobinsd #79296

Wow,

Someone can see through the fog on this Board.

Nice

There was probably a "drop dead" clause in the original agreement.
The exposure of Jim to unforeseen liabilities necessitated this action. GTGP still has the licenses to the Solucorp technology and new monies are coming for future cleanups. Just another bump-in-the-road, as Obama would put it. Our investments are actually safer and Jim is back in FL.

This also explains the lack of any formal reporting to the SEC, since the escape clause was still in effect for either side.
Let the cherry-picking begin. Or perhaps Jim will license the "new and improved" version of MBS.