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Re: Risicare post# 33687

Thursday, 02/02/2012 8:07:40 AM

Thursday, February 02, 2012 8:07:40 AM

Post# of 35802
"I would say it is more likely that Aldo and Carraway shared in $ from disposing of the worthless shell when they conned Margiotta or they all conspired to make use of the worthless shell."

I have to admit this is a very, very interesting twist that I hadn't thought of. Maybe Aldo was part of the problem. He sounded and acted like a real snake oil salesman to me. He never answered the phone or returned phone calls or emails. He very well could have set Margiotta up. I have heard Margiotta and Rotondi are no longer speaking. I wonder if he had something to do with the Ramos and Ramos connection as well?? Very interesting ??
I also had dealings with the then corporate counsel, St Pierre. All I will say is he did not seem up to the job in my opinion. As an attorney a simple search would have revealed the Balallan judgement against the company. Also if they had counted on litigating against Carraway the attorney could have done a simple asset search and they would have known he was broke.

Now it is up to Margiotta to decide. I would guess he has in the mid six figures invested in the shell and with a profitable company it is worth a lot more to him. However, if Ballalan pushes the issue he could take his marbles and go private again I am guessing.

All my opinion of course as always.