Replies to post #19295 on 4Cable TV International Inc (CATV)

[starstx]

Feldenkrais is aware of the current SEC litigation of numerous toxic lenders ... I made him aware and sent him the information back in August and received a response ?? ... afterward in the court documents they indicate they will be filing and amended response to the complaint to include an additional defense regarding Federal Securities regulations. The response is due October 22nd. Will be interesting to see this response.

[CashBowski]

The minutia of Adar suit is just legal hyperbole. Feldenkrais still has a bigger problem with being implicated in a share selling scheme, by threatening Adar — that Adar gets nothing unless he gets majority of the proceeds from the sale of toxic shares.

The crux of this case as far as investors are concerned is that it exposes Feldenkrais was willing to violate SEC RULE 10b-5, and more than willing to devise a scheme to burn every investor here in a death spiral that would’ve ensued IF Adar had agreed to sell $3M in shares on his behalf.

It also turns the argument in the FBI case that “Feldenkrais didn’t know Svorai” on its head. Adar notes Feldenkrais engaged Jason Perlman to conduct due diligence on Adar’s debt, but somehow (maybe result of a head injury) he failed to conduct simple due diligence with various mechanisms available to attorneys on Svorai, Zoyes, or Nahon…I have a mighty bridge to sell LOL.