News Focus
News Focus
icon url

RichDude

02/28/14 8:57 AM

#20378 RE: king oil #20377

Oh really? Then, how is IT Remote Dynamics is able to issue millions in convertible debt??? How was Telogis SO informed, they KNEW to ?acquire? these *assets* so QUICKLY? Why did Gary Hallgren take the company DARK right BEFORE this occurrd? And, HOW does a company with $12M annual revenue DEFAULT on debt payments, for JUST $3-4m?

I BELIEVE there IS ENOUGH circumstantial EVIDENCE for the FBI to LAUNCH a PROBE!
icon url

xero90

02/28/14 9:07 AM

#20381 RE: king oil #20377

LOL 2010 post... ok
icon url

m0n

02/28/14 10:01 AM

#20407 RE: king oil #20377

Tina Shilling head of marketing says certain assets but PRs say otherwise lol. All marketing personnel are told by higher ups or their bosses what to say. I think I ll believe PRs and not some marketing employee.

http://www.socaltech.com/telogis_buys_remote_dynamics/s-0029633.html

RMTD
icon url

Mikobadr

02/28/14 2:26 PM

#20498 RE: king oil #20377

..."complete the liquidation of its remaining assets (if any), which may or may not be sufficient to adequately provide for the payment of its known obligations and liabilities, and dissolve the Company under Delaware law. We do not anticipate that our stockholders would receive any distribution in any such liquidation and dissolution."...
icon url

harbecu

02/28/14 3:01 PM

#20502 RE: king oil #20377

Ok so what you are saying is that all of the billions of shares trade in the last weeks are.....what? Being dumped by the company.

Are you saying this is a P&D? If so it's the worst one ever.