Replies to post #8494 on Advantego Corporation (ADGO)

[saxonia40271]

I‘d have a lot to discuss with Gregory, if he wasn’t so uncooperative. I just took a brief look at their last report. It doesn’t say who the lenders are, or the information is hidden in the documents somewhere. Even in a few moments, I already noticed a few aspects that I‘d find extremely tempting targets, if I was their legal counsel. For example, a default interest rate of 24% seems both outrageous and reasonable. It’s also likely that past court rulings have already declared such practices illegal. More than that, their toxic lenders might be unauthorized securities dealers, which means, they‘re likely to get roasted by the SEC. ADGO was already on a list of companies in whose favor shares had to be cancelled after previous judgements.

I‘d take a good look at that balance sheet and go after everyone who’s engaged in potentially unlawful conduct. That could completely restructure their financials for the better.

[saxonia40271]

I just sent another message to Gregory, and asked if they were actively investigating the potential of past and present legal proceedings against toxic lenders, to the end of restructuring the balance sheet. I enclosed a few references. It’s not even so important that he answers, if he at least reads it. The lenders are definitely more in trouble than their clients. That could get interesting.