A year ago, I was asked to take the position of CEO. I did not ask for it. A number of investors in the Seattle area passed up the opportunity because they were busy and were concerned about suffering the same kind of financial burdens that were placed on MF's shoulders, among other things getting sued. I agree to temporarily take the reins because I had nothing to lose. I am retired and my net worth is no where near what it used to be. I did not expect to discover all I did.
Contrary to what you say, I feel very strongly, considering what I know, that I am doing the right thing to help the cause. In fact, I should be doing much more. In my opinion, I am doing too little. So, there is no way I will stop. I do not really care if I sound like a broken record to anybody. I do not care if someone else thinks that I am not giving JH a break. I have to act accordingly to the information and knowledge I have of the situation. If I were in a position to do more, I would because that is what this situation requires.
JH can solve the issue easily by initiating payments to the IRS and provide verifiable prove to that effect. When the IRS reinstates the penalties and interests that were forgiven and starts confiscating the funds out of the bank account, it will be too late to do anything about it.
I have been doing bookkeeping for small businesses, on and off, since the 1970's, and I have many personal experiences with numerous businesses whose owners acted in the same manner as JH is doing. The outcome is foreseeable. Demanding that he start paying the liability and properly let the investors know is absolutely not much to ask.
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