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mAjOr dAmAgE

05/02/07 2:42 PM

#11817 RE: rca #11816

He's going to have a standing problem with the Court as it ought to be the corp., not him. Plus it's kind of rambling and I didn't fully understand it. I would guess the judge will have a similar problem. If it's a knee jerk response to buy time, then I understand a little better...

serfdom

05/02/07 2:51 PM

#11818 RE: rca #11816

RCA, I'm glad to finally have proof of Ribotsky's involvement here.

For us shareholders who wondered why our stock kept dropping and reverse-splitting during 2005, Mr. Ribotsky has provided an answer via his filing as an interpleader. May not have been the smartest thing for him to do - or it may have. No opinion on that yet.

Thank you Corey - and Rodrigo/Marco et al.

20. Denied as stated. The agreement constitutes a lengthy document that must be read as a whole. Citing portions thereof creates a misleading understanding of the terms. Moreover, the conversion terms constitute a fraudulent scheme known as “death spiral financing” whereby shareholders of public corporations are defrauded through the printing and dumping of shares on the public market by debenture holders. The “death spiral financing” provisions are against public policy and should not be enforced. On the contrary, if the cross-claimants are owed money, it should be reduced to a monetary judgment.



serfdom

05/02/07 3:26 PM

#11822 RE: rca #11816

"...the debenture constituted a part of an elaborate “death spiral financing” scheme perpetrated by the cross-claimants and a single person who was not duly authorized to execute the agreement."

THAT is the core of the case IMO. I an not certain whether "consultants" have the ability to execute debt instruments on their own lol - AND to profit from them.

mAjOr dAmAgE

05/02/07 4:34 PM

#11827 RE: rca #11816

That document's not on the PACER yet, was it filed?

serfdom

05/05/07 1:29 AM

#11830 RE: rca #11816

RCA - What's this rumor about ME being named an officer of NETCO?? Can U please explain??

I want this cleared up immediately, please. I want nothing to do with this POS and my name had best not appear anywhere in connection with it. I trust it's just another game being played by the gang?

TIA.

serfdom

05/05/07 7:10 PM

#11839 RE: rca #11816

RCA, please disregard my previous post - sorry to trouble you. Unless I AM an officer lol - then I would like my paycheck, please. And a cushy benefits package.