Free Republic 2nd Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $24,759
30%  
Woo hoo!! And now only $351 to reach 31%!! Thank you all for your continued support!! God bless.

Keyword: pacificcoin

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  • Pacific Coin: The Untold Story (Must read; no comfort for the Davis campaign).

    08/06/2002 11:05:47 PM PDT · by daviddennis · 58 replies · 1,714+ views
    Bill Simon Campaign | 08/06/2002
    Quick summary of article: The Simon family runs a venture capital firm, which invested in Pacific Coin. Bill Simon opposed the venture, saying that it would suffer from competition with cellular phones, which is in fact what happened. Other family members thought differently, so the investment was made. A major clause in the agreement gave Ed Hindelang 23% of the company and effective veto power over any investments, mergers or public offerings. Hindelang did not use this power, and in fact enthusiastically participated in the deals that lead to the company's demise. He was fired as CEO when his felony...