Is WADC filing for bankruptcy? A group of former employees and former director Janice Leysath are filing a petition for bankruptcy alleging mismangement. Among other charges are a $300K loan while legitimate payables and refunds were unpaid and employees health insurance was unpaid despite deducting premiums from paychecks. Is Wade Cook a mismanager? Among other revelations in this story is that Wade Cook doesn't believe in budgets. That gives him the freedom to spend whatever cash is left on any whim. Here's the current link:http://seattletimes.nwsource.com/html/businesstechnology/134601923_wadecook241.html
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