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Message: Re: OTG....

Jul 28, 2008 05:27AM

Jul 28, 2008 05:52AM

Jul 28, 2008 06:31AM

Jul 28, 2008 06:50AM

Jul 29, 2008 12:07PM

Aug 05, 2008 06:17AM

Any lawsuit (and there are sure to be more than one, IMO) will no doubt utilize the following quote from SEC filings:

>>>Effective March 18, 2008, together with our wholly-owned subsidiary OTG Technologies Group, Inc., a Florida corporation, we entered into a binding letter of intent with Metro One Development, Inc., formerly On The Go Healthcare<<<

I emphasized the "together" to point out that this isn't just the new OTG subsidiary involved, so IMO, FTS cannot think to avoid all financial responsibility due to OTG Tech being a separate corporation....

That being said, the debt is probably going to go away with the possibly "bankrupt" OTG Tech, subject to the numerous lawsuits and legal expenses...

At the very least all OTG revenues are going away, IMO...


Aug 05, 2008 11:32AM

Aug 05, 2008 12:28PM

Aug 06, 2008 06:21PM
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