I agree. The civil court system can be frustrating, particularly for those deemed as enforcement creditors following final judgements/orders. Half the battle is working through the court system just to get a final judgement on owed debts with a shady outfit like NTEK.
Everyone should remember that this all stems from NTEK taking convertible debt from Long Side years ago, then turning around and not fulfilling their end of the deal. That's an indisputable fact.
To be fair, if I had a civil case that a scumbag enforcement debtor has repeatedly avoided for going on four full years, I'd mostly likely hire Long Side's law firm.
Going back only a few weeks, look at what they have done:
Deposed NTEK's TA Clear Trust, Wells Fargo Bank, Bank of America, the fraudulent defunct lender Bridgeport/Smaran and the director who left that defunct toxic lender back in 2015, the former CEO, The IP host for Foley's fake shell Royal Capital Group, and on and on.
The ball is completely in the enforcement creditors court now. If they file a statement of non-compliance, trading is suspended for the insiders and Foley goes to jail. No other motions filed by Foley will be heard by the court, nor any motions filed by Foley considered.
All of Foley's "emergency" requests to quash the BS Gulas exposed were summarily refused.
Remember that with a scummy dark filer like NTEK, it's almost as hard to figure out what is actually going on and where or if any money exists as it is easy for naive investors to believe the years of complete bullshit.
And remember that the end game for Long Side is to dramatically overreact and shake the tree hard enough that they actually get the money they are owed. And it appears they've finally done so.
They could care less if NTEK and the whole Foley crew go to jail. They just want the money they are owed after years of fighting to get a judgement from the court.
Look no further than the "IR/Foley" statements posted elsewhere as fact, then redacted, then altered, then posted as fact, then redacted. Even Foley and his pumper crew can't keep their collective stories straight.
People should be more concerned about any pumper statements claiming that Foley and NTEK are finally willing to get clean with audits and reporting. If they are willing to openly dodge their legit commitments for this long, what does that say about the credibility of anything they've ever said to investors or any ability to be anything other than a scummy dark penny going forward?
