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Wednesday, 06/27/2007 3:31:40 PM

Wednesday, June 27, 2007 3:31:40 PM

Post# of 15765
BK NEWS: Corey Ribotsky and his associated funds just filed a motion to dismiss the NCVT BK case in Austin.

"Motion by creditor to dismiss" filed June 26. This means we have 20 calendar days to file an objection. If we do, the case stays open and Judge will set a "first meeting."

This case is currently marked as Chapter 7 - NO ASSET

If we do nothing, the case is closed.

At the "first meeting," the trustee will meet with the debtor to determine if there are any assets. If the trustee finds evidence of assets, he will write an Asset Report. At that time we will be able to file claims, as creditors, for monies owed via fraud.

So we must file an objection to the motion to dismiss.

Personal spin: I find it very interesting that the largest creditor, Corey/AJW et al, does not wish to see this case investigated. So did the clerk.


Good stocks are obvious. Extensive DD is how you convince yourself to buy a bad one.

>^..^<
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