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Hello Aldon,
I've read your post and thought I would give you further details before asking me to "act honorably" on figures that aren't accurate.
Furthermore, your insinuation that I am looking for ways to beat the system is highly inaccurate. The post I made regarding a new CEO
being able to option their shares is a loophole that Samantha suggested I had used- but I was never in control of SLC but only a few hours- and I made no changes to anything on the website.
While it's disappointing this situation has transpired, there is nothing I can do as an individual to remedy the situation but offer solutions to help minimize the loss for everyone involved. That is what put me in the hot seat to begin with. Everyone is chasing after Mystik for monetary solutions but I have never held any assets in the name of SLC to begin with. I did sell shares in SLC- so I should pay back approximately 180,000L to shareholders who bought after the merger? If so, it's safe to say that anyone else selling shares after merger should be responsible for the shares they have sold, correct? We're not talking about Mystik Boucher taking money and running- we're talking about a company bankrupting. In the country you and I live in- you sell assets belonging to the company and pay off creditors.
Who has such assets belonging to SLC? It's apparent that SLC had produced a LandBot system under the direction of Bob Perry- shouldn't investors be entitled to that? Any asset which Bob Perry held before the merger should be distributed to pre-merger investors, the same way I am distributing my assets. It's also pretty apparent that if either of our assets would not collectively meet the investors due to them selling their shares in SLC post-merger, then assets would rollover and be able to pay new investors. This concept is what bunts heads with VStex- because I will not go this route alone. It's simply not fair for pre-merger MDS investors to settle for it's assets being split between 4+ million shares when they invested in a company with 2.5 million shares, when Bob Perry can accept responsibility for his investors and the both of us use any remaining assets to distribute among post-merger SLC shareholders.
It aches my belly knowing that someone such as yourself will write a blog just to point fingers instead of offer solutions and factual details. Bob Perry was running SLC- I was merely a silent owner. He ran the company it's entire time while on Vstex. The moment he steps down and bails out on investors, I get put in the limelight because I only want to do what is fair.
Also, Samantha stated I withdrew 333,896L from Vstex, but she fails to mention 150,000L or so came from assets I held in other companies. Samantha is clearly biast towards me as I have coursed her as well for not being remotely intelligent about this and asking only 1 owner to contribute in this situation. I tried speaking to her yesterday about minimizing the damage here, but her demeanor is- "Well, you accepted Bob Perry's shares, so you have to pay shareholders.". That's the loophole, a CEO can give away their shares and walk away from their debts, allowing the next CEO to dump shares in options and raid the company.
Please do your part in responsible journalism and use facts,
Mystik