Netco Investments, Inc (fka NCVT)

[serfdom]

"we had a table full of notarized purchase orders and bank documents proving up."

-- Paul Taylor

One would think that in a bankruptcy hearing, with creditors alleging fraudulent revenue PRs, those notarized purchase orders and bank docs would be quite the prize.

Someone is in a pickle - you just can't have it both ways. Either the PRs were fraudulent and you face criminal allegations, OR you have the money and it will be parceled out in the chapter 7 proceedings.

In total, $78.5 million was PRd. That's a lotta moola, and Paul sez he has the bank statements to prove it and so does the SEC.

Thoughts?