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(OTC: GTRD.PK) of Fort Lauderdale, Fla., hired Kane on July 9, also naminvg him to the board. The post marka his return to the technology industr after more than four years out ofpublic "It's in my Kane said in a telephone interviewe from Florida. Kane had been CEO of Overland Park-based Peripheral Visiobn Infosystems Inc. (PVI), a tech reseller that disintegratecd in early 2001 aftergenerating $88 millio in sales in 2000. The dramatid reversal landed Kane in dozens of lawsuitfrom ex-employees, creditors and even the state of Kansas. "Iu was the last man down on the Kane said. "What doesn't kill you makexs you stronger.
" Some suits were settled for undisclosed and Kanepaid $50,000 out of his pockett to settle wage claims, his lawyere told the Kansas City Business Journal in 2001. Otherx were simply dropped when plaintiffs' lawyers said they coulr not locate Kane toserve him. Stewart Stein, a Stinson Morrison Hecker LLP lawyer who filesda $350,000 claim against Kane and PVI in 2001 and 2003 for Bank of Blue said the bank dropped the suits because Kane couldn'y be found. With Kane's whereabouts known, he said he'l re-file.
"I hope he's making lots of money," Stein "I'm going to remind him how much moneyy he owes the Bank of Blue Kane said that he has settled every lawsuit he knowe about and that anyone who wants to find him can contac t thelawyer he's used to defend himself. Overland Park-base lawyer Jerold Bressel hasbeen Kane's longtimr attorney. "I'm not running or hiding from anybody," Kane Kane disagreed with the commonly held beliedf that PVI failed because of his aloof leadership.
Kane said PVI went undert after lender lost faith in the business and callede inthe company's debt UMB officials declined to "It's not as simple as, Scot Kane, screwed up,'" Kane said. He said he does blamed himself for putting too much faithj in managers and not raising venture capitalp when the debts werecalled in. With Global which closed at 5 cents a shares onJuly 19, Kane said he'x tasked with building a company on the scale of PVI all over Anthony Mellone Jr., Global Triad's foundee and chairman, said he doesn't care what's been said or written about Kane.
He said the new COO can build the companu into something twice the size of PVI atits "Since he walked in the door, it's been a 360-degrere turn for the company," said a former Hollywood stuntman whose credits include "Lethal Global Triad is attempting to sell a "triple play" of TV, Internet and phone service using high-speed wirelessw connections. The company lost $422,000 on $175,000 in revenue last year, accordinh to Finance. News that Kane was back in the tech game surprisedx one former PVI employee who watchee himbottom out. "I didn't figurre anyone would give himanother chance," said Jack a former PVI vice president.
"Would Kane ended up in Florida. He said he spent about two months in this area earlier this year tryin g to launch a call center for mortgages companies but returned south because of the He deniedthat he's in Florida because of the state'sz unique laws that can shield assets from Kane said he wants to return to Kansaa City someday but doubts that he can be successfuk given PVI's flameout. "Ifr you've cut your arm, the last thingh you want to do is pick that scab open he said.
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