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Home > News > Is Octillion Really Worth $134 Million?

November 30th, 2007

Is Octillion Really Worth $134 Million?

Abstract:
Seriously, I do not understand how anyone can read the following and still believe the company from which it comes should be worth $134 million:

We may compete for the time and efforts of our officers and directors.

Some of our officers and directors are also officers, directors, and employees of other companies, and we may have to compete with the other companies for their time, attention and efforts. Other than our President, Mr. Nicholas Cucinelli, none of our officers and directors anticipate devoting more than approximately five (5%) percent of their time to our matters. Other than with our President, Mr. Cucinelli, we currently have no other employment agreements with any of our officers and directors imposing any specific condition on our officers and directors regarding their continued employment by us.

Source:
seekingalpha.com

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