Comments on: Messy Times at Roo Group http://newteevee.com/2007/12/19/messy-times-at-roo-group/ NewTeeVee Sun, 22 Nov 2009 12:45:20 +0000 http://wordpress.com/ hourly 1 By: Q&A: KIT Digital’s Kaleil Isaza Tuzman « NewTeeVee http://newteevee.com/2007/12/19/messy-times-at-roo-group/#comment-238084 Q&A: KIT Digital’s Kaleil Isaza Tuzman « NewTeeVee Thu, 22 May 2008 20:28:13 +0000 http://newteevee.com/2007/12/19/messy-times-at-roo-group/#comment-238084 <p>[...] is increasingly looking like a shell company for Chairman and CEO Kaleil Isaza Tuzman, who joined the firm at the beginning of this year and quickly renamed it KIT digital. But in one of his first [...]</p> [...] is increasingly looking like a shell company for Chairman and CEO Kaleil Isaza Tuzman, who joined the firm at the beginning of this year and quickly renamed it KIT digital. But in one of his first [...]

]]> By: Roo Lays Off Remains of Wurld Media Team « NewTeeVee http://newteevee.com/2007/12/19/messy-times-at-roo-group/#comment-226401 Roo Lays Off Remains of Wurld Media Team « NewTeeVee Tue, 15 Jan 2008 02:10:53 +0000 http://newteevee.com/2007/12/19/messy-times-at-roo-group/#comment-226401 <p>[...] news comes after Roo (OTC:RGRP) named a new CEO and saw the resignation of four of its directors in December. There’s a lot more meat in the Roo restructuring announcement from today — hirings, a [...]</p> [...] news comes after Roo (OTC:RGRP) named a new CEO and saw the resignation of four of its directors in December. There’s a lot more meat in the Roo restructuring announcement from today — hirings, a [...]

]]> By: AsTheWurldTurns http://newteevee.com/2007/12/19/messy-times-at-roo-group/#comment-200747 AsTheWurldTurns Wed, 19 Dec 2007 23:16:39 +0000 http://newteevee.com/2007/12/19/messy-times-at-roo-group/#comment-200747 <p>If you contine to researh and read through ROOs SEC documents, you will ultimately see that ROO “loaned” Greg Kerber money ($400,000) and then took the “proceeds” out of the sale to pay it back! Where did that money go? Why didn’t it get to the employees and pay some of the debts (maybe they did)? Did he pay taxes on this when “he” sold the company and didn’t have to pay back what he owed (maybe he did)? This says in 2005 they loaned him the money, that deal didn't come to the table until February 26, 2007. Now either there was something going on before that Term Sheet where Greg Kerber agreed to sell the company to ROO or they made a mistake in their financials or who knows?</p> <p>RGRP : OTC BB</p> <p>“On June 15, 2005, Greg Kerber issued a promissory note to the Company in the principal amount of $400[,000]. Pursuant to the promissory note, the Company advanced to Greg Kerber the sum of $394[,000]."</p> <p>Thoughts?</p> If you contine to researh and read through ROOs SEC documents, you will ultimately see that ROO “loaned” Greg Kerber money ($400,000) and then took the “proceeds” out of the sale to pay it back! Where did that money go? Why didn’t it get to the employees and pay some of the debts (maybe they did)? Did he pay taxes on this when “he” sold the company and didn’t have to pay back what he owed (maybe he did)? This says in 2005 they loaned him the money, that deal didn’t come to the table until February 26, 2007. Now either there was something going on before that Term Sheet where Greg Kerber agreed to sell the company to ROO or they made a mistake in their financials or who knows?

RGRP : OTC BB

“On June 15, 2005, Greg Kerber issued a promissory note to the Company in the principal amount of $400[,000]. Pursuant to the promissory note, the Company advanced to Greg Kerber the sum of $394[,000].”

Thoughts?

]]> By: Matt_ http://newteevee.com/2007/12/19/messy-times-at-roo-group/#comment-200600 Matt_ Wed, 19 Dec 2007 20:22:17 +0000 http://newteevee.com/2007/12/19/messy-times-at-roo-group/#comment-200600 <p>I still think ROO is tied into the Wurld Media mess .....</p> I still think ROO is tied into the Wurld Media mess …..

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