You also responded to one of my comments and asked: "Are you saying that you have abstained from voting your 6.38% of Map VI acquisitions? As we are not a publicly traded company, there are no calls for votes. Many of your comments and statements are predicated on our being a public company;we are not.
So again, I repeat: I am not a member of the board of directors and therefore have never voted on matters decided by it.
While Metter is committed to local radio, he does have his sights set on being a major player in the industry. Besides acquiring two national networks, Business TalkRadio also sealed a deal to buy the Long Island station it currently operates, WCTE 540 AM, for $9 million. "
IDT, a publicly traded company whose core business is telecommunications, made a $2.5 million investment in the Business TalkRadio Network and become a minority shareholder in the company.
The acquisition had a tremendous upside for the business, said Weber. "We had talked for a long time about creating a lifestyles radio network," he said. But starting from scratch is very expensive. By buying an established network with affiliates and personalities in place, it is quite easy to expand it into a 24/7 network, Weber said.
Metter and Weber expanded the programming and named the new network Lifestyle TalkRadio.
With two networks and plans to go public, Business TalkRadio is now looking for a bigger headquarters. The WGCH building is full, forcing Metter to put some of the Lifestyle network's studio operations at the Long Island station."
You don't know me...you don't know who I am or anything else about my character. To denigrate it and me is wrong. I have worked hard all my life to earn the kind of compensation I do. And I'm not embarrassed by it."
Jeff, as you well know, Map VI Acquisition, Inc. was incorporated in the state of Delaware on November 22, 2006. In Delaware you can have one man corporations, and Micheal Metter's fellow con man Steve Moskowitz was the President/Chief Executive Officer, Chief Financial Officer, Chief Operations Officer, and Chairman of the the one man Board of directors.
Steve Moskowitz approved a Map VI Acquisition Merger Agreement on January 31, 2009.
Steve Moskowitz, was Map VI Acquisition President until his resignation immediately after the Closing. Upon Mr. Moskowitz’s resignation, the following individuals were appointed as officers:
Michael Metter, President and CEO
Joy Marshall, Chief Financial Officer
Jeff Weber Executive Vice President And COO.
But Jeff you don't have to take my word that you are the chief Operating Officer of Map VI Acquisition. Lets Look at a Map VI Acquisition filing that made on you behalf byRichard Friedman, Esq.
And I Quote ....
"JEFF WEBER EXECUTIVE VICE-PRESIDENT
Mr. Weber serves as Executive Vice President of the Network. He has more than 30 years of experience in the radio industry, including 20 as a general manager in markets including Albany, NY. In addition, he has owned stations in Logan, Utah and Amsterdam, New York. From 1999 to 2001, he worked as a local sales manager for WTTS-FM and WGCL-AM in Indianapolis. From 2001 to 2002, he worked as General Sales Manager for WZBA-FM in Baltimore. Mr. Weber managed two radio properties for Metter Broadcasting/Sage Broadcasting from 1985 to 1987. His background also includes several years as a program director in the early part of his career. He is currently a member of the Broadcast Cable Financial Management Association.
Mr. Weber is primarily responsible for the day-in day-out operations of both the networks and the four radio stations."
Jeff did you lie to the SEC when you told them that you were "responsible for the day-in day-out operations" of Map VI Acquisition.