Red Alert Media Matrix Inc. makes a new — and substantially lower offer — to purchase the assets of embattled photo and sports memorabilia dealer John Rogers. The shell company offered $28 million cash in April and a billion shares of stock; its original January bid was $59 million in cash. read more >
The $28 million cash offer to acquire the photo archives and sports memorabilia assets once owned by John Rogers has drawn objections and cautionary filings. read more >
What we’ve got here, in the immortal words of Strother Martin, is failure to communicate. When numbers get big, they sound impressive — a billion! a trillion! — but without context, they lose all meaning. read more >
John Rogers has been working closely with a would-be buyer of his former sports memorabilia and photo archive, according to a sworn deposition given by one of his many creditors. The proposal, $28 million in cash plus stock, is awaiting court review. It isn’t the first problematic business deal visited on Arkansas by Tim Holly and his Red Alert Media Matrix Inc. read more >
