Let me sum it up. While I was President of Netco, when I saw the fraud, I assigned certain rights to the company to a businessperson Marco Chavarria.
Marco filed a judgment note against Netco in Pennsylvania. Instead of the defending the Pennsylvania action, Paul issued some sort of resolution signed by Arnoldo Pacheco disavowing it. Marco then sued Arnoldo seeking injunctive relief. Instead of defending, Arnoldo defaulted.
The note gave Marco control of the company.
Paul called his attorney friend Marshal Schictman who lives in Great Neck New York with his parents. Marshal filed a suit on behalf of Madison asking the federal court to determine who has control.
Marco filed papers telling the court that it should honor the Pennsylvania judgment which was adopted by the District Court in Texas as well.
In the mean time, Marshal found Paul an attorney in the office next door to appear on behalf of Netco. However, the attorney did not represent Netco but rather Paul.
The attorney for Paul claimed to have "removed" the Pennsylvania proceeding to the federal court -- something that cannot be done after 30 days and cannot be removed to an out of state court.
Marco filed a motion to disqualify the attorneys for it being a fraud on the court.
So in steps Corey Ribotsky who asks the court to join the action and to order Madison Transfer to issue him shares at his leisure.
After that, Paul and Madison "consent" to judgment for Marco, but in their document still attempt to disavow the legitimacy of Marco's actions.
The last filing was in October and now the Judge has to sort everything out.
The judge, on consent of everyone, issued an injunction preventing the issuance of shares.
