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Re: EVENNEVE post# 13441

Sunday, 07/08/2007 1:14:20 PM

Sunday, July 08, 2007 1:14:20 PM

Post# of 15765
IMO, this is TERRIBLE advice from EVENNEVE.

I would advise interested shareholders carefully weigh the pros and cons of bringing a CIVIL case vs. allowing the State of Texas to handle the fraud charges and the search for assets.

If you bring a civil fraud case, expect to pay for it yourselves, unless you can show the attorneys where the assets are and how much there is.

Like I said before - expect 200 hours (minimum) billed at $250 = $50,000 PLUS expenses.

The BK would require an initial $5K, could run as high as $10K or more, but it's a lot more bang for the buck IMO. If liability can be established, the search for asstes will be a top a top priority of the Texas Trustee -- and we don't have to pay him to do that.

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

>^..^<
http://www.investorshub.com/boards/board.asp?board_id=3961

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