Comjoyful International Co. (KJFI)

[levelnever]

CAML: The plot thickens

This from an 8-k in March.

On March 20, 2009 Registrant accepted an unsecured loan from Daniel Wettreich, the President of the Registrant, in the amount of $40,000.

On March 20, 2009 this amount was used to make a full and final settlement payment in relation to a contingent liability. This settlement related to a judgment obtained by AIMS Media on April 20, 2000 in Los Angeles, California, against the Registrant in the amount of $550,000. This judgment has now been discharged.

Looks like entire year was spent cleaning up everything in the shell, including using Weittreich's own money to then sell the shell for $8,000 to Rochlin. I am a firm believer in using logic, and the logic on this is hard to believe without something else going on. Was he just not planning on being paid back? Makes no sense.

The second thing I wanted to point out was on Pinksheets, while they changed Daniel Weittreich to Jeffrey Rochlin. They also have Jeanette Fitzgerald as a secretary, who has been with Camelot since the early days. They list her as secretary, but under Camelot she was a director. Curious, what that's all about. If you look through SEC filings there is also a Jeanette Fitzgerald, listed under some Alliance Data Systems filings (NYSE:ADX). They are both based in Dallas, TX. Maybe two different people, but either way I will be looking into this as well, to see if it can give us anymore insight. If she is still around why is Rochlin keeping her, or is he just a bit player in a bigger story?

Sorry, if I can't help but resist this story and speculation, I'm sure some are tired of speculation and looking for news, but there are just so many questions that keep my mind spinning on this one. And I'm going to keep on trying to dig up stuff, until I come up with something hopefully.