InvestorsHub Logo
Followers 10
Posts 267
Boards Moderated 1
Alias Born 07/16/2007

Re: None

Tuesday, 05/12/2009 7:11:02 PM

Tuesday, May 12, 2009 7:11:02 PM

Post# of 15765
But don't worry, Corey Ribotsky's crew still want a piece. I will offer an excerpt:

From the perspective of the Intervenors, it appears that the remaining issues are:

A. Whether plaintiff Madison Stock Transfer will offer any opposition to a judgment being entered on Intervenors' counterclaim against plaintiff and cross-claim against Chavarria and defendant Netco Investment, Inc. ("Netco") as follows:

1. Declaring that (i) defendant Netco is required to sign, deliver, and issue such documents as may be required to effectuate the issuance and transfer of the stock of Netco to Intervenors as to which they have exercised or will in the future exercise their rights under the convertible debentures issued to them by predecessors of NetCo and (ii) plaintiff and any other transfer agent for the stock of NetCo are required to issue and deliver to Intervenors certificates of the shares of stock of NetCo as to which Intervenors have exercised and will in the future exercise their rights under the convertible debentures; and

(2) ordering and decreeing that (1) defendant Netco sign, deliver, and issue such documents as may be required to effectuate the issuance and transfer of the stock of NetCo to Intervenors as to which they have exercised their rights under the convertible debentures and (2) plaintiff and any other transfer agent for the stock of Netco issue and deliver to Intervenors certificates of the shares of stock of Netco as to which Intervenors have exercised their rights under the convertible debentures.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.