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sharklady00

05/05/08 1:33 PM

#102890 RE: risk_it_us #102888

when the blood drawing, drano head
lawyers file, the insurance company will take care of it. That is what ambulance chaser lawyers do and that is why they have insurance.
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housedad

05/05/08 1:34 PM

#102891 RE: risk_it_us #102888

Risk, Just like any attorney and the legal system. You have to admit ( and that is IF you know how the system works) he can draw it out until such time that GTEM can pay the fine. Heck, he may work out a payment plan. BTW, STOP THE PERSONAL ATTACK. I was just stating an opinion.
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Baghdad Bob

05/05/08 1:35 PM

#102892 RE: risk_it_us #102888

As far as bad debt say 600000

Why not offer 12,000,000 shares divided up, with contract from navy in hand.
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Pagan

05/05/08 1:35 PM

#102893 RE: risk_it_us #102888

Relax!!!!! Re-read his post. He is implying that they don't have the money to defend. Which is probably true by all indications of past lawsuits.
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rwehapi2003

05/05/08 1:36 PM

#102895 RE: risk_it_us #102888

risk, how much of that liability policy was left after the Steven's case? 2.7M?

How much has been used for the SEC defense to date is the question. Plus, you have the as yet undefined source of funding who seems to be keeping the lights on.
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serious1

05/05/08 2:04 PM

#102898 RE: risk_it_us #102888

Is that a statement of fact!