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Re: PEACHMAN post# 40473

Wednesday, 09/23/2015 12:00:44 AM

Wednesday, September 23, 2015 12:00:44 AM

Post# of 82962
IFUS is the D-E-F-E-N-D-A-N-T in both the State & Federal cases. MW is also the Defendant in both cases as is Supreme Energy. Should Energy Supreme LLC prevail, as they most assuredly will, all three of the defendants, i.e. IFUS, MW and Supreme Energy will be liable for not only the $250,000.00, but accrued interest at the minimum rate of 18% per annum (compounded monthly), plus all costs and fees incurred by both parties.

Unfortunately, IFUS/MW/SE couldn't even pay their attorney (which is why he quit) so where are they going to come up with several 100s of 1000s of dollars? Think about what that means for shareholders.


Not a pleasant thought, eh? but, that's what happens when charlatans like MW are allowed to run public companies and the naive fail to do adequate DD.

"Libenter homines id quod volunt credunt"