Well said Mayhem, and to back your post up, here is a run down of what happened to MMTE starting with the 2011 lawsuit.
The lawsuit filed by Robert Hantman in 2011 --- representing a group in New York (M&A Advisors, LLC) in a lawsuit against William Lieberman and MMTE. This is the lawsuit Lieberman publicly claimed was frivolous, and would have no material impact on MMTE shareholders regardless of how the court decided. In fact, Lieberman bragged to me that he was certain he would prevail in the suit, and that he would have Overcash and his friends thrown in jail if they pursued this lawsuit.
The original lawsuit (often referred to as the Overcash group lawsuit) was filed on July 18, 2011 by M&A Advisors. From the complaint, a list of known Lieberman associates appears which I listed below for everyone's convenience (check out who they are, and what kind of legal history surrounds them):
Frank Morelli
Dominic Martinzez
Dan Starczewski
Izzy Goldreich
William Lieberman
Joe Overcash
Thomas Pierson
Tony Katz
Don Rose
Andy Austin
Richard Roon
Louis Bounocore --- everyone should remember this guy, he posted on the MMTE board regarding the M&A Advisors lawsuit, and told us that William was not telling investors the truth (this was around the same time Brian from MMTE also told me William was not being honest with investors, and to beware).
Jack Lieberman --- father of William Lieberman who was paid $3,405,000 for a debt note that started out at $144,583 supposedly for equipment and services while associated with William at Fox Petroleum.
The Complaint alleged fraud, breach of contract, unjust enrichment, breach of fiduciary duty, conversion, break of the covenant of good faith and fair dealing, imposition of constructive trust, manipulation and conspiracy to manipulate, all arising out of the continued failure of the defendants to have transferred stock to the Plaintiffs in spite of consideration and numerous promises to do so as detailed in the Complaint. The Plaintiffs are asking for Lieberman and Goldreich to issue to them 400,000,000 shares which they claim they were promised in exchange for financing they provided to the Defendants.
As the CEO of MMTE, William Lieberman has been involved with the above listed individuals, has borrowed money from some of them for MMTE, and then paid off those debts to those same individuals with lavish settlements at shareholders expense. William's closest associate, partner, and adviser is Izzy Goldreich who some may know does not have the best history, because of alleged fraud among other things. And, Lieberman recently purchased property next to Izzy's in Florida.
So what happens to Lieberman's companies once he has milked them for every single penny he can get from investors? Once the scam is played out and investors are relieved of their hard earned money, Lieberman typically goes silent and press releases come to a screeching halt. Does this sound familiar? Isn't this what happened to MMTE?
