Quote from: mikelitv on August 15, 2014, 05:12:51 PM

Monica is the incompetent person that has run this company into the ground over the last 4 months while she has done nothing to return it to an ongoing concern. She is now the ONE person that is holding up everything to bring in a CRO. Considering the only deal that she has come up with in 4 months is one so bad a Federal Judge would not even hear arguments on it, she should step aside quickly. More value would have been realized if they just accepted chapter 7.

What a cope out. Monica is CFO. She is doing her job running the numbers, reporting to the Court (not hashfast btw). She actually has a strong CV as CFO. I doubt she would risk her career for Hashfast or anyone. "The only deal she came up with".... Please, tell me what proposition we had from the Creditor's Council? Besides a "franchise" deal emanating from Eduardo (still to be confirmed, mind you, but the research on that is fun). From what I read, (and I'm still trying to confirm as well, so if anyone knows for sure, correct me. I might have missed something), the IP was marketed and no real bites resulted (btw, in the LB deal, the IP stayed with the Creditors, they only got a licensing deal). The Chips? They are being sold (or were being sold I should say) to pay employees and keeping the lights on. But it's not a depreciating asset right? So who cares if they are sold today or in October? RIGHT. Sure. Of course. What other deals came to the table besides LB that we have not been made aware of? Who else has expressed interest and made a formal proposal? Why are we not being told? There has to be quite a few I am sure.

[/quote]

I'd like to meet this Monica as she must be a mega hero to be able to singlehandedly mismanage a company for a year prior to arriving there, take ownership for lack of ability to develop product, blame all vendors without any leadership, allow poor spending, lie to customers, and piss away millions? That was the CEO ownership - Was she paid to be CEO or promoted to the role without telling the court? (or without telling her maybe?)

There was a marketing guy Tim leading the company for while- maybe it was all his fault too? AND Simon was leading it after Eddie was fired. Well not really fired. They couldn't figure out what to do with him so made him a sales person so he could sell more false hope as before. Any way, Simon responsible? How can the only person last in the company be the one that is blamed for everything. seems just a bit unbelievable but I definitely want to meet her. And I'd like to see the owners admit just once, even the slightest bit of responsibility. Oh no, wait, that's for grown ups, not idiots.

Meantime, how are we creditors going to get money now? isn't that the focus? Blame doesn't fix anything. who's fixing it now?
Oh, but no, lets look for who else can be blamed. I heard there is a customer service person who answered a phone one day and was told what to say, maybe they caused the bankruptcy to?

The ethics of this group is amazing. Peyton Place like, although the tv show is more factual and entertaining.