Posted By:
MikeUBack in late October, when GAI was struggling, somebody posted on the CU boards that GAI (Baker) needed money and they gave Dave a PSA 9 Mantle as collateral for a $100,000 loan. If this is true, then I seriously doubt GAI (Baker) has been able to acquire the $100,000 in capital to get their card out of hock.
If James O. Haas has a stake in GAI, then maybe he also has a stake in the Mantle card that GAI gave Dave as capital for the loan. If GAI gave Dave back the $100,000, then they probably have a legitimate complaint, depending on the terms of the loan i.e. timeframe etc. If they have not paid back the loan, then maybe they are trying to conviently forget.
If Haas was unaware of the "loan" and has a complaint, as an officer of the company, Mike Baker may need to explain to him authority levels for officers.
From a journalistic standpoint, the article scares me as an American. I read many articles on topics I know of very little, but are of general interest. When you read an article about a topic that one has more intimite knowledge with and there are glaring errors (restoration company, shows picture of PSA 8 card as actual, but notes PSA 9 card) it does question the content of the entire article and all articles for that matter.
Disclosure: I have absolutely no knowledge of anything outside of this thread and the CU post from December.