Posted On: 07/07/2013 3:20:22 PM
Post# of 5115
So the last filings Clarke locked himself publicly into two repayment situations and those repayment situations do not involve the situations being converted to common stock for sale. They are:
1. Paying off the three private loans worth $25K in July
2. Payment Plan starting in Oct for the FAILED POS CONSULTANT AKA WROTTEN FOTHERMUCKER. In total $300K.
My take:
1. Clarke cares for shareholders because the terms of both agreements DO NOT involve conversions to common stock for sale.
2. Clarke locked himself into BOTH repayments because he knew he would have REVENUES coming in to LOCK himself into both repayment agreements.
But what do I know...
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Disclaimer: My opinion is based on extensive DD of a companies business plan and management. I am not a financial advisor nor a stock promoter. I am an investor. Please Do your own DD and make your own investment decisions based on you only and noone else.
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