There's more on the soap opera that is now called "IPLY where is tha money gone", yet again it's good old Pope Viper that's brought the news to our attention. The guys over at Raging Bull Forums continue their talks with Luke Haase about IPLY and here's the latest:<blockquote>From Luke Haase: The company has given the option to employees — since they have missed payroll — to come to work or stay home.
Conversations with Interplay’s distributors are ongoing; also, a point of clarification: Interplay is not “owed” money from these distributors. Any potential cash from these parties would be part of negotiated payments for product sales advances or some other transaction.
Lastly, it is true that Mr. Caen purchased some 9 million shares. No, he would not be able to take any action like the one you mention without approval of the Board of Directors. And, of course, public announcements will be made as soon as there is resolution to these issues.</blockquote>Sounds like our rumour was correct, this all makes me wonder how the Caen brother ever managed to run a business or plan on continuing to do so..
Conversations with Interplay’s distributors are ongoing; also, a point of clarification: Interplay is not “owed” money from these distributors. Any potential cash from these parties would be part of negotiated payments for product sales advances or some other transaction.
Lastly, it is true that Mr. Caen purchased some 9 million shares. No, he would not be able to take any action like the one you mention without approval of the Board of Directors. And, of course, public announcements will be made as soon as there is resolution to these issues.</blockquote>Sounds like our rumour was correct, this all makes me wonder how the Caen brother ever managed to run a business or plan on continuing to do so..
<-Caen beeting the last remaining employee who couldn't make the lightbulb work when the power went out cause they didn't have money to pay any bills.