MJ Stocks Analysis

[Art Vandeley]

Speaking of the AVT Inc V Alan Brochstein lawsuit, why isn't Alan defending himself? He failed to file his answer withing the 30 day time frame after he was served.



http://www.docdroid.net/azwh/1234.pdf.html

Risicare Tuesday, 02/11/14 01:09:49 PM
Re: Alan Brochstein post# 4693
Post # of 5177
Have they even served you? Or is this suit even more of a joke than I think it is?

Alan Brochstein Tuesday, 02/11/14 01:12:19 PM
Re: Risicare post# 4763
Post # of 5177
I signed a FedEx

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97127924&txt2find=fedex


And if check on the court website, you see he is still unrepresented and hasn't filed a response yet. Way more than 30 days.

http://public-access.riverside.courts.ca.gov/OpenAccess/Civil/CivilCaseReport.asp?CourtCode=A&RivInd=RIV&CaseType=RIC&CaseNumber=1314161


So, what did he do with the $12 grand he received as donations to hire a lawyer and fight this lawsuit?

My choices are to try to settle with them, which would be convenient but just wrong, or to fight the suit, which means I have to hire a lawyer in California with a retainer just to start of $10,000. I am told that to file a counter-suit could cost $25,000 or more.

http://www.gofundme.com/7q222s

Brochstein and Marketfy split the revenue from 420 Investor’s subscriptions, but “Alan receives the lion’s share of revenue,” Bazzy said. It’s certainly a living — with overall revenues topping $84,000 per month in their current structure and more than $150,000 per month after they up the subscription fee and reach 3,000 paying users.

http://www.thecannabist.co/2014/04/04/five-pot-stocks-watch-per-420-investor-guru-alan-brochstein-interview/8637/


I see a default judgement in the very near future.

Default judgment
Default judgment is a binding judgment in favor of either party based on some failure to take action by the other party. Most often, it is a judgment in favor of a plaintiff when the defendant has not responded to a summons or has failed to appear before a court of law.
Default judgment - Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Default_judgment