The agreement should have been tied down and clear
Post# of 5115
The agreement should have been tied down and clearly described the expected responsibilities from each party with milestone achievement dates, such as a completion date for the audited financials. Any CEO or COO worth their weight would know how to engage a working and functioning contract agreement - especially with such important tasks as preparing/finalizing and issuing audited financials. Apparently PF was not to be trusted. A recent law school graduate who has passed his/her bar exam could have officiated a better contract than what CYBK and PF entered into. And to think PF raved about the new acquierers of DNYS - nice way to treat your new RM buyers huh Pierce?
Cheap shares are being dumped into the open market place and no one seems to know where they originated from or who has control of them. How many more are their and who exactly is getting revenue distribution from them?
This kind of flagrant mismanagement of stock causes high suspectability and someone will be held accountable for their actions - or lack thereof.
In my humble opinion, this is clearly Class Action material.