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Re: serfdom post# 12493

Thursday, 06/28/2007 11:47:42 AM

Thursday, June 28, 2007 11:47:42 AM

Post# of 15765
Which is why shareholders should file docs.

The motion to dismiss is the same rhetoric that Marco is KM stuff blah blah. One concession is made by Corey -- that one creditor can't question another's claim.

They make absurd statements like it's in the best interest of the debtor and creditors not to go into bankruptcy and that all claims can be resolved in the New York litigation. Well, that's funny since Netco is a party in that case but has no lawyer -- and nobody can represent Netco. 28 USC 1654. So I don't know how anything could be resolved in New York. They also make inferences as to the status of the litigation, implying it's not going well for Marco and that the Court questioned Marco's ID -- but nothing on the docket verifies this. The ID was filed under seal apparently and we can't see it -- but there's been nothing like an Order to Show Cause asserting that the Order wasn't complied with -- so it's pretty unfounded.

Finally, as is typical and a reason why we should be weary of responding to messages without clear statements and background in every one -- Corey took one message I wrote and used it to infer that the bankruptcy case was filed in bad faith. The document quotes my message where I stated that the petitioning creditors are mad and apparently are taking their ball and going home so no-one wins. What they left out were the other 100 or so messages in the dialogue.


Corey Ribotsky Downward Spiral NIR Group AJW board has moved to the NIR Board which is available for FREE users as well as paid subscribers. Bookmark the NIR Board to discuss: http://investorshub.advfn.com/boards/board.asp?board_id=11792

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