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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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From: anniebonny4/12/2008 6:49:46 PM
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Accounting - Shane Traveller style....

search Sequoia International

clerk.co.sarasota.fl.us

An example of what is happening - from AERP 10Q filings:

sec.gov

On November 7, 2007, the Company agreed to a court-ordered settlement for payment on services previously rendered by a director of the Company valued at $80,000. The director had previously sold the services contract to a third party who then sought payment and brought an action against the Company in the 12th Circuit Court in Sarasota, Florida. Under the terms of the settlement, the Company issued a total of 72,700,000 shares of common stock. As a result, the Company recorded settlement costs of $318,850 which represented the difference between the fair value of the shares issued and the value of the debt obligation.

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Now bear in mind many of the companies listed in those lawsuits in Florida do business with Javelin Advisory Group. Shane Traveller at one time (still?) was 50% owner of Javelin.
There is a well connected group that have been playing a game of rotating CEO through numerous r/m they have arranged.

Since the shares are not restricted you can only imagine what typically happens - Dilution and r/s.
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Is there such a thing as a friendly win win lawsuit? Except that shareholders are not part of the win win?
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I am not an accountant - but does this seem right???
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