Replies to post #12318 on Netco Investments, Inc (fka NCVT)

[mAjOr dAmAgE]

It depends how things are dealt with. It could end up just killing the shell, or it could balloon into a search for all the stolen money if the allegations are true. Alot will depend on whether shareholders file claims. If they don't, then the trustee's just going to blow it all off. Kind of like, "no victim, no crime." If Neven is an interested party and stands up, or other shareholders stand up, then there might be some action.

The people I'm associated, unfortunately, don't have claims related to the PRs. However, they will not impede anyone from furthering their claims. That is not their goal. They recognize that a shareholder that lost money has a more important claim than them and they will not do anything to hurt that kind of creditor. But if no-one files the papers, then no-one files the papers.

As I told one shareholder, there's no imminent deadline. The proofs can be filed before or after a trustee is appointed.

[east600]

Looks like you are having another tough evening.

I am reading my Nison candlestick charting book tonight. I need to start actively trading my long-term account for the kiddies college fund. Have left that to the broker for the most part. I think i will chart some things out and bring them in and get his advice. He's richer than God, so he should give some real insight.

I chart my current holdings first, then use your sight to find some newbies.

Later, Serf!