Replies to post #66020 on Boreal Water Collection Inc. (fka BRWC)

[iancnyc]

LoL when pigs fly or get sent to jail like that fat granny pig should

[linda1]

Very little since John Marren now owns the
Springs and he doesn't seem interested in
buying BRWC.

Unless he is waiting for a much cheaper buy
at an Auction. And even then I don't think he
inherits the Shareholders.

There is still no Decision yet on the Sale of
Boreal by the JUDGE.

[linda1]

IMPORTANT UPDATE -

I spoke with a Lawyer representing Boreal in the
Receivership and received the following info:


1. Redwood Investments - Plaintiff - is in bankruptcy.

2. Foreclosure Lawsuit is on hold - per Court Rules -
until Bankruptcy is resolved.

3. The Lawyer I spoke with knows Boreal's Receiver
- Mr. Stevens - personally and said that she is familiar
with Mr. Stevens' Cases as Receiver in Nevada.
And in all of them the Common Shareholders did not
get wiped out. Companies were rehabilitated or
merged with another Company.

4. The Lawyer sounded optimistic that Shareholders
will receive some value for their Shares - which is
generally the case in a Receivership, she said.

5. The Lawyer did not know if Boreal is still in
operation or not.

6. The Lawyer said that NO Assets of Boreal have
been sold.
How then is the Receiver paying for Fees and
Expenses? If Boreal is still operating is it now
making a profit without Francine?

7. The Lawyer said that the Receiver has settled 1+
Lawsuits. And is holding Boreal together very well.