InvestorsHub Logo
Followers 17
Posts 1337
Boards Moderated 0
Alias Born 04/09/2009

Re: ChuckD-MSB post# 67705

Tuesday, 10/05/2010 3:12:06 PM

Tuesday, October 05, 2010 3:12:06 PM

Post# of 83044
Chuck it does make me go hmmmmm....

I just reviewed the other doc associated with your posting. Davis accounting is in hot water with the Feds or soon to be once the judge rules on this motion. There is no question he took control of funds after BK protection was in place and has to give them over to the estate. The accounting records being WUCC property may be a topic for debate but I am pretty sure that is no brainer and WUCC will get those as well.

The judge is probably going to issue an order on this in the next week or so since it involves monies.

Failure to comply by Davis will be a Federal crime which will result in an indictment/arrest warrant and subsequent arrest by the Federal Marshals. There is no way a Federal judge will allow somebody to get away with this type of behavior.

I wonder if this guy can comply? It leaves me wondering if he spent the WUCC monies that are supposed to be in the trust account and he is currently avoiding the inevitable criminal indictment/arrest as long as possible? He seems more than a bit shady since he advertised himself as a licensed firm etc...plus is currently refusing to give over trust account monies that are clearly the property of the Chapter 11 estate.

http://www.copperkingwesternutahminingrestructure.com/WU%20319.pdf

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.