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Post by sandi66 on Sept 21, 2010 11:24:29 GMT -5
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Post by sandi66 on Sept 22, 2010 6:39:17 GMT -5
Partial Transcript - Coachphilm 9/21/10
Partial recap... [Main speakers =Coachphilm, Royal, Luci]
Coach said updates & a PR coming soon... he was told...
He was talking about Tyler working with Hodges... the payout... the buyouts ... the company & how the company & the TA will be paying us ... saying it is his opinion...
Royal said she has heard that they have had the ER for some time now... and they were ready to pay us a week or so ago... but there was a hold up...
Royal said Kevin West took a snapshot of the shareholders when he went to California... and while visiting with Al, he saw a copy of the trust with the money in it.
Coach was saying that the SEC wants the money to the shareholders and not the company... not making it public...
Al drops lawsuit as soon as the button is pushed to pay us. Every one of them at the meeting in Vegas paid... so it will not be public knowledge... got claims back...
Money came through our claims, and claims we sold to China, etc... so it looks like the the money came from the company...
go through the company
Luci said we were suppose to be paid last week... and doesn't know what the hang up is now...
After we get paid... we go immediately into the new company... the financials were done at least since December... thinks they are waiting on us... thinks we bring money to the table... we have some claims... she thinks the money for the claims will go into the new company... thinks that is what we bring to the new company... This is the biggest payout in history... How they were going to do it was planned in advanced.
Royal agrees with Luci... and largely with Coach.
~seagull
ty George
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