a1sports
06-24-2007, 08:52 AM
NO Hostile take over....
Step by step as given to me by many sources.
Joe Hires Brax Capital to get money and go public. Brax capital gets an empty stock shell, moves the ABA into to it and now its public with Brax raising 1.9 million dollars and only 2 ABA owners investing based on the PPM.
The PPM has a description of everything the ABA will now do including a section on Uncle Joe retiring on December 31, 2006. Also naming Doule as board member and president and Salley also named to the board.
Well, good old Joe doesnt retire and says he never signed any such agreement. Further checking shows that the investors copies are NOT signed copies and the only signed copies have the section of Joe retiring removed.
Doyle NOT happy.
Doyle asks for a copy of books to review. Joe stalls and Stalls.... Now its January 07. Finally parts of the books are sent to Doyle and Doyle sees personal expenses paid with public money. THE CFO, Cioffi the owner of the long island team sides with Joe and dosnt help Doyle because Joe gives Cioffi a salary of 106,000 dollars a year. Doyle again Knowing this is wrong and there could be problems calls SAlley and others and says..Joe is going to hurt us all...We need to vote him out. The Board calls a vote and minus Joe and Dick who refuse to particiapate in the baord vote, vote Joe out. Joe doesnt recognize the vote because Joe that same morning at 12:01 am ( unreal) has a stock holders vote ( Joe, Dick Brad and one other guy) who have 50.1% of the stock and they fire Salley and Doyle.
Off to court, Doyle files a law suit. Joe files a counter suit. All sides meet in Chicago and agree to drop all law suits. Joe to form an advisors committee and Joe to retire in 30 days. Doyle to resign effective Jan 30th, 2007 along with Salley((SMART MOVE BY DOYLE and SALLEY)
WELL WELL, Of course this doesnt happen, no committee no retiring.. Doyle smart enough to say "see ya". Joe spins his BS..hostile takover, no Joe its smart people running away. Hence May 1, 2007>>> Ther PBL is born.
Sorry It took a while, but as I sat at the ABA meeting in April and heard Joe saying, Hostile take over, Hostile take over. Doyle wanted to ruin the ABA. I knew there was more to this, as usual.....PLease Joe. You may have the ABA owners fooled but the rest of us have at least a High School education.
Step by step as given to me by many sources.
Joe Hires Brax Capital to get money and go public. Brax capital gets an empty stock shell, moves the ABA into to it and now its public with Brax raising 1.9 million dollars and only 2 ABA owners investing based on the PPM.
The PPM has a description of everything the ABA will now do including a section on Uncle Joe retiring on December 31, 2006. Also naming Doule as board member and president and Salley also named to the board.
Well, good old Joe doesnt retire and says he never signed any such agreement. Further checking shows that the investors copies are NOT signed copies and the only signed copies have the section of Joe retiring removed.
Doyle NOT happy.
Doyle asks for a copy of books to review. Joe stalls and Stalls.... Now its January 07. Finally parts of the books are sent to Doyle and Doyle sees personal expenses paid with public money. THE CFO, Cioffi the owner of the long island team sides with Joe and dosnt help Doyle because Joe gives Cioffi a salary of 106,000 dollars a year. Doyle again Knowing this is wrong and there could be problems calls SAlley and others and says..Joe is going to hurt us all...We need to vote him out. The Board calls a vote and minus Joe and Dick who refuse to particiapate in the baord vote, vote Joe out. Joe doesnt recognize the vote because Joe that same morning at 12:01 am ( unreal) has a stock holders vote ( Joe, Dick Brad and one other guy) who have 50.1% of the stock and they fire Salley and Doyle.
Off to court, Doyle files a law suit. Joe files a counter suit. All sides meet in Chicago and agree to drop all law suits. Joe to form an advisors committee and Joe to retire in 30 days. Doyle to resign effective Jan 30th, 2007 along with Salley((SMART MOVE BY DOYLE and SALLEY)
WELL WELL, Of course this doesnt happen, no committee no retiring.. Doyle smart enough to say "see ya". Joe spins his BS..hostile takover, no Joe its smart people running away. Hence May 1, 2007>>> Ther PBL is born.
Sorry It took a while, but as I sat at the ABA meeting in April and heard Joe saying, Hostile take over, Hostile take over. Doyle wanted to ruin the ABA. I knew there was more to this, as usual.....PLease Joe. You may have the ABA owners fooled but the rest of us have at least a High School education.