Exhibit O
- August 4th, 2012
- Posted in Events . kate . News . Quotes
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[Note: to trigger a conversion, $4m of new capital was needed- however here, Steve Hall is testifying that he
and Ross Levinsohn “to the nickel” put up equal parts of only one million dollars. This in fact is not enough
to trigger a conversion, which the judge has ruled was not ambiguous. Only a new $4million dollars could trigger
a conversion.The judge has ruled that the conversion at $1 million dollars that Mr. Levinsohn and Mr. Hall
orchestrated was improper, and at the root of the fraud perpetrated. Because of the judge’s ruling, the defendants
filed a bogus bankruptcy of Radar, literally on the eve before the trial that had been scheduled for over 2 years was
to begin to stop the trial from going forward. This same kind of bogus legal maneuvering is of a piece with the
improper, faudulent conveyance].
More to follow…
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