TruthArchive.ai - Tweets Saved By @DrakeBatesMrD66
reSee.it AI Summary
In a January 2019 meeting, CloudParc's CTO, Tom Wong, acknowledged that Steven Nerayoff, a key figure, had mixed intercompany finances. This resulted in delayed payments for Cloud Parc Inc employees, like myself, who had to wait until March 2019 to receive compensation for work done in October 2018. Despite this, Cloud Parc Inc continued to operate under the false pretense of being a legitimate company, when in reality, they were bankrupt.
@DrakeBatesMrD66 - Drake Bates 🏳️🌈🇨🇦💪
In a January 2019 meeting, CTO of @CloudParc Tom Wong admits that @StevenNerayoff was mixing intercompany finances. Whether or not employees of Cloud Parc Inc got paid was entirely dependent on Steven's external investments. Perhaps Mr. Nerayoff would like to share with the class why I had to wait until March of 2019 to get paid for the work I performed in October of 2018. And why Cloud Parc Inc continued to operate under the auspice that it was a legitimate company when it reality they were bankrupt. And I'm not even selling my evidence as an NFT like someone else I know ;) #NerayoffGate
Video Transcript AI Summary
Steven has invested in various companies, particularly in the cryptocurrency market. He has sold one of them, and the transaction will close by the end of January, providing him with liquidity to pay us. However, currently, there is no money coming in from the ICO raise, leading to a liquidity crunch. Therefore, the November and December invoices won't be paid until the end of January. This has happened before, and cash flow issues have been resolved in the past. It would be helpful if you have savings to rely on during this period of delayed payment. Ultimately, each person needs to make their own decision based on their individual financial situation.
Full Transcript
Speaker 0: Like I said the last time, like, Steven, he he has invested in a number of different companies, especially when the cryptocurrency, cryptocurrency market was better. And he has sold one of them, and the transaction is going to close as of end of January. So he's gonna have, you know, the liquidity, to be able to pay us at that time. But as of, you know, right now, there's no money coming in from the the ICO raise, and, you know, there there's a liquidity crunches right now. So the November and then right now, the December invoices they won't get paid until you know, we're looking at end of January when Steven's transaction closes.
Alright. Yeah, that definitely makes A lot more sense when it's kind of reexplained. And and that's something that, you know, if that's something that's happened before, in the past, you know, from time to time, we've had some, you know, it's essentially cash flow issues, and, you know, and then they will get resolved. So in terms of savings, you know, I I think I was calling for Mike. You know, basically, like, you know, it would it would help, obviously, if you if you have some cash that you've saved up.
Because you're you know, basically, you're not gonna get paid for a little while. Right. And and again, you know, we all have to decide for ourselves. So if you're if you're you know, we're all in different situations, and, you know, if, if cash is gonna be an issue, you have to decide and and, do do what is right for you.