Well, yes, but this topic is fertile ground for legal documents. It's easy, watch -
"19 20 Q. The borrowed -- the borrowed -- 21 A. -- borrowed 180,000 shares and the borrowed 300,000 -- 22 Q. It has nothing to do with the 4,000,000 shares. 23 A. No. Nothing to do it. A totally separate transaction. 24 That was just for him to be able to raise the $1,000,000 to 25 pay -- to buy us the private placement of the 4,000,000 shares.
ASSOCIATED REPORTERS OF NEVADA (702) 382-8778
33 SYLVER - DIRECT
1 Okay. He said he promised Titan Investments and my father that 2 he would return the stock. 3 THE COURT: Now, who is he? Mr. Mann? 4 THE WITNESS: Oh, excuse me. Andy Mann promised that 5 he would send the stock back to my father and Titan 6 Investments. 7 THE COURT: Now, what stock? 8 THE WITNESS: The borrowed stock. Okay. 9 THE COURT: Which is what, 480,000 shares? 10 THE WITNESS: 480,000 shares, yes. Andy Mann 11 transferred -- Andy Mann said can I get -- give me some what's 12 called DTC instructions. It's like bank wiring instructions to 13 send the stock. DTC was instructed by Andy Mann to send 14 300,000 shares to Raymond James (phonetic), okay, of Clearing 15 House Robert Thomas (phonetic) and did that. 300,000 shares 16 showed up. Okay. |