Replies to post #257906 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[IL Padrino]

Tom,
I haven't been to this board in weeks because I didn't see the point in ranting about my lost $$. However, I'm glad I read your post today.
If a judge denied them to file for bankruptcy, that would explain why it wasn't done yet. If Fan was innocent in all of this, I hope he doesn't get punished for Franks actions. The runners left on base when he came into the game shouldn't be charged to his ERA.

So, what is the best possible scenario if this is true?

[happyboyrock]

That is good new but I already knew about it. Thought it is still premature to share but it's good someone said it.

From what I've heard the head of criminal task and labor board was adviced by Fan his not going BK yet. Because the court would take too long and they are taking things into their own hands. They kind of agreed but will pursuit Frank non the less. All parties involved in saving assets understood the risks but have an objective of geting money for employee and vendors. That speaks a lot and DA/labor board thought that was very unique. By the way, my source told me Fan asked them to visit the studio to gather computer, files and other missing documents that were missing when he attempted to retriev it last week.

Good post Tom, keep us inform and tell Chris I don't have bad thoughts about him and it's a bit of misunderstand we all had.

[IL Padrino]

I wonder why they haven't halted trading on the stock yet. I hope no one buys this thing thinking the crap is over.

[zandant]

Good news Thomas...hope it is true. I would have thought it was more of a federal action but I will take anything at this point. What a great day it will be when that POS Olsen and his cohorts in crime rot in prison.

[ltesprit]

Thanks for the update, Tom. Please tell Chris it's appreciated. The LA D.A.? Anyone know if this means it's just a state action, perhaps because of the the labor violations? I'm hoping for federal D.A. action on the investor fraud too.

[grtcli]

If the LA DA is involved then there has already been police involvement. The police have to generate a criminal report that is then forwarded to the DA's office.

[mcfly]

Good eom!!!

[Rich735]

Thanks Thomas for the update!!