A post from niceTLCman Re: Rumors that turn into facts quickly.
Burditt has run deceit to its highest potential in Cayc.
Now that Yarmak has stopped Burditt from authority in Olex
there will be assets to save and a company to produce revenues
that will cover company expenses rather than fancy living for Burditt.
Timmins has a lot to answer as it now appears he and Burditt had
a sweet partnership deal going. Oilex assets or pieces of Oilex assets
seem to have found a home in a partnership with the first two letters, "BT".
The "B" stands for Burditt, and the "T" must stand for Timmins.
So Oliver Timmins the President of Oilex and Cynthia Timmins the Secretary
of Oilex, without disclosing to Oilex shareholders are wearing two hats. And this
BT partnership gains benefits that rightfully belong to the shareholders of Oilex.
And this Timmins team let Burditt get control over the Oilex bank accounts
while the millions of debenture money was received and embezzled and used
for the high living style of Burditt. Oliver and Cynthia Timmins were both Directors
of Oilex and controlled the corporate minutes and were in a position to make
entries that were not accurate to deceive the auditors and keep the other two
Directors, Richard Clark and Deborah Sacrey, in the dark.
The same scene was used with the Directors in Caye Chapel.
Clifford Budd, Gary Giles and Gary Geer, were Directors in name only of
Caye Chapel, but in realty appointed by Burditt and kept in the dark.
He needed their prestige to cover his dealings of deceit.
And as Jstockscom reports, Quote, Ken Liebscher, the CEO and Director
in Caye Chapel, was in the dark, he was not consulted when the company
made news releases. By the way, Richard Clark, the CEO of Oilex, was in the same
position, THE NAME CEO, but with no decision making, nothing but a deceit on the
investors who expected talented and respected CEO's to be in charge. And Liebscher
and Clark permitted the deceit to continue and harm the shareholders. And all the while
the strings were controlled by Burditt. |
