No sane person with any financial means would represent themselves in the SEC lawsuit against DaFoleyFelonReCONvicted. If that sane person had access to any money at all, they would use it to hire a very good securities lawyer.
And any competent lawyer, if they had been so retained by DaFoleyFelonReCONvicted, would have AT LEAST advised him nott to sign a waiver of service for NTGL. That is without any argument NOTT the thing to have done.
Therefore, it is clear that DaFoleyFelonReCONvicted does nott have the means to hire a good securities lawyer and he and Lisa are representing themselves.
He is bustass. If he does nott hire a securities lawyer to represent him in drafting his Answer and at the hearing on the 20th May, then the only possible CONclusion is that he lacks the funds to hire said legal counsel and he couldn't even gett Uncle Stephen (aged 87), Uncle Richard (aged 65), or the earthly remains of BRUCE L. BEAN to front him the munny to do so.
He is facing the SEC in Federal District court and will be exposed to brutal discovery and procedural landmines that will only digg his already-CONsiderable Hole in the oncoming criminal indictment that will toss his ass in prison for, basically, the rest of his life expectancy.
If he had any munny, it would be incomprehensibly stupid of him to somehow preserve it by NOTT using it to hire good legal counsel only to wind up, as a result, with an increased prison term where he can't use more than $390 per month for commissary. So he dies in prison as a result of cheaping ~OUTT to preserve some cash that he will never be able to use.
Now DaFoleyFelonReCONvicted is stoopid, butt failing to retain legal counsel to CONceal hidden funds is beyond stoopid in his situation, it would be suicidal.
He's already made at least one significant error (signing to waive service as CEO of NTGL). If he could afford a lawyer, that lawyer would never have allowed that.
Who will prep him (woodshed him) for his 7 hour deposition? Who will woodshed Lisa? He can no longer deny he's management at NTEK and NTGL, so now he's basically locked in to TWO ADDITIONAL 7 hour depositions as the corporate representative of NTEK and secondly and separately, NTGL. Plus he now cannot gainsay (deny) his admission that he is a control person at NTGL nor can he claim that NTGL is no longer a legal entity (which it isn't - it no longer exists, and that's what he should have stood on and let the SEC try to serve NTGL - any cost of service would only be owed by NTGL, which doesn't exist anyway). NOW, by signing as the representative of NTGL, he has lost the ability to argue that NTGL is no longer a legal entity and he dos not have management control over this non-entity.
There is no rational legal strategy whereby Foldoink should have signed a waiver of service on behalf of NTGL. NONE. And plenny of reasons why he ought NOTT have.
Foldoink is pho-king up because he doesn't have a way to pay for a decent securities/whie collar crime lawyer. In fact, he quite obviously has no lawyer at all, save one bankruptcy lawyer who is being paid peanuts and is clearly nott even reviewing the crap Foldink is filing with the bankruptcy court - to wit, the $50/$5 nonsense February accounting schedule he filed.
