Sunday, January 01, 2012 2:17:02 PM
NIR committed no fraud. NIR allowed the HLNT CEO to transfer debt and security. That's just good business. Sure Ribotsky needs ta go down. Just like all the others in this case. The target mark is the investors. HLNT is bein set up for that right now and has been for two years behind the publics back.
The other little issue is Robinson and Foster. The FBI wants that duo as bad as any. Have for years. Walters, Humphries and Ribotsky all know that and will talk in unison on that subject. Already have. Humphries will be pointin at the other lawsuits and bankruptcies. Walters and NIR will point to the Robinson history and game plan here. It's comin bro. Let's not forget about Daryl Dworkin. He is also graspin at any lifesavor he can grab. He'll dump all over Ribotsky and maybe Humphries/Robinson. Not Walters. Walters fits in his future plans. Humphries is the Dworkin of HLNT. Robinson is now the one playin hide out. Hump has the dirt and will shovel it on like Dworkin is with Ribotsky.
In usual fashion, HLNT was uber dump with both NIR and Walters. They don't have the brains to adapt. Robinson comes out of the Jim Bolt, John Dodge mold of thinkin. That is to get it in court and play mombo jumbo and mix up company names and individual deeds. They never should a made a enemy of NIR or did they? I wrote plenty on what was comin at NIR. All HLNT had ta do is convert a little, use the Dworkin / Humphries card for awhile and let NIR self destruct. I can just see Robinson explainin his legal view at the board meetin with "Mel's Group". Now your directors from the day the named changed to HLNT got major problems. Some were waitin and now laughin at their decision.
When it all comes out the smart ones better have their BOD resignations ready. Fiduciary responsibility is a bitch and ignorance aint a defense.
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