Quote:
Originally Posted by FlyingDutchman
Isn't it clear by now who is responsible for all this mess?
Who set it up and benefitted from it?
James Canning-Ure issued a press release in 2006 during the failed reverse takeover of Global Approach.
In that press release he stated that Tusk had 3 casinos and 11 poker rooms, was managing 2 casinos for Global Approach, with 45-50 employees in total.
Tusk was managing to make a profit of $22K/mo during 2006 so what changed?
The only fundamental change I can see is the new manangement and services agreement with Fuze Media as opposed to NewEcon.
However Fuze Media was just a name change for NewEcon.
It stands to reason the only significant change was the $$ amount of the management contract, making Tusk appear unprofitable while the profits were skimmed to Fuze Media.