It was back in 2004 as I remember on a small cap stock message board far far away when one of my fellow boarders mentioned this guy named Tank. According to board lore when Tank showed up someone was gonna get hurt. Sure enough Tank showed up not long after that and someone got hurt. This one goes out to Tank.
Bunch described the growing controversy as unnecessary and unfounded “havoc and chaos.”
“The people that bought the building (LNG) are all very good human beings and good citizens of Hancock County. These are businessmen and what they did – they didn’t go to the school board, from what I understand, the school board came to them. … These allegations are baseless. These guys bought that building. They re-sold that building. That’s what they do.
I was reminded of the Miranda warning when I read the Sea Coast Echo’s second try at poorly telling the stinky story of the Bay Waveland School District’s purchase of the Bay Tech Building from 3 politically connected local business people because as this drama plays out, I guarantee certain people will wish they had kept mouths shut as we visit next with local businessman Gerald Rigby and get his take on this unfolding scandal:
LNG President Jerry Rigby said Friday that any allegations of wrong-doing are completely false. Rigby said it may have been a short while between the time LNG closed on the property and then sold it to the school board, but his company had actually been working on a couple of different development deals at the Bay Tech site since at least last December.
“We contacted (Magnolia Group) through the realtor. … We proceeded with a normal real estate acquisition. We offered a number. They came back with a counter offer. They countered our counter and they accepted (our next offer) very quickly. … I don’t think we had any power to compel them to accept the offer.”
Slabbed has obtained certain documents with the help of the local Alliance for Good Government, a citizens group the Sea Coast Echo regularly paints as loons in their beat reporting on the school district. Worth noting is the editor of the Echo, Randy Ponder is married to School Board Prez Sherry Ponder, thus the lack of integrity in said beat reporting but that subject is best fleshed out in a dedicated post.