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Re: None

Tuesday, 11/30/2010 11:05:06 PM

Tuesday, November 30, 2010 11:05:06 PM

Post# of 27745
More good news for Klepsy fro the NY court system!

Here's the latest: Klepsy is now being sued personally.

Court: New York County Civil Court
Index Number: CV-063043-10/NY
Case Name: FAIRLANE CREDIT, L.L.C
vs.
KlepFisz, Allan M
Case Type: Civil
Classification: Consumer Credit
Filing Date: 11/23/2010

Fairlane Credit is owned by Ford and specializes in automobile financing. It appears as though Klepsy has defaulted on his car loan!!! It's really tough as since he has probably lost his world headquarters and now has nowhere to sleep since the Volvo is gone.

But that's not all, folks.

2 confessions of judgment have been entered against Klepsy, one for over $368,000 and another for over $78,000. Total is more than $446,000.

http://iapps.courts.state.ny.us/iscroll/C_PDF?CatID=632079&CID=114786-2010&FName=0

http://iapps.courts.state.ny.us/iscroll/C_PDF?CatID=633479&CID=114787-2010&FName=0

And let's not forget about the landlord at the world headquarters


Court: New York County Civil Court
Index Number: CV-061600-09/NY
Case Name: ADMIRAL INDEMNITY COMPANY, ASO PERLBINDER REALTY CORP.
vs.
KLEPFISZ, ALLAN M
Case Type: Civil
Classification: General
Filing Date: 12/31/2009
Disposition Date:
Calendar Number: P-10-NY-009106

So I'm sure that investors will be lining up to give Klepsy more money. With the greatest business plan ever, who cares about a few million of judgments? Big deal. If we can get financing, all of our problems will go away. Where have I heard that before?

This is a total sucker play.
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