Dick....If waltertx is, indeed, Nabil Adam, then what services did he provide the company to warrant an issuance of 4.55 million shares?
Also, if these additional 4.2 million shares returned by Liebman are, also, in Nabil Adam's possession, again, what services did Nabil provide the company to justify this kind of compensation? Are these transactions legal?
Nabil, as far as we know, is not on the board of directors nor a company official, so why is he being compensated with millions of shares?
If the SEC or Cleve determines that these shares were not obtained legitimately or paid for, I presume they will be returned to the company treasury or cancelled. Am I correct?
Damn. Arif did keep his word on one thing. He did reduce outstanding shares. He gave back 12 million shares and, now, Nabil may have to give back 8.7 million. The heat is on.
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