InvestorsHub Logo
icon url

klausby8

01/29/09 11:20 PM

#40472 RE: z4lover #40471

Indeed Sir !
icon url

OTC_Guru

01/30/09 1:09 PM

#40622 RE: z4lover #40471

Be careful before you accuse anyone of being a liar. Especially me. I refer you back to post 40407 which shows that RME has a default judgment for $5.5 Million pending against them.

The actors of RME and the actors of SPNG are the same people. Where do you think RME is going to come up with the cash to satisfy the judgment?


Posted by: printmail01 Date: Thursday, January 29, 2009 7:07:45 PM
In reply to: None Post # of 40620 [Send a link via email]
$5.5million Judgment against Lazauskas, Metter, Moscati, Pisani

HERE IS a lawsSuit filed July9, 2008 against the CEO and some top guys at SpongeTech. Funny , I do NOT Re-call seeing this in the SPNG filings? I am working on getting copy of the full complaint , will be interesting to see what products , promotions these loans were for and about. It sure does sound like SpongeTech related promotions, but cant tell until I get the case files in hand, HOWEVER > It appears SPNG CEO, and some top dogs are personally liable for $5.5 million in this case , thus far.... Very Interesting for SPNG investors.....

U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK
Contracts
Court Grants Summary Judgment Enforcing Personal Guarantees for $5.5 Million Loan
BC Media Funding Company II v. Lazauskas
http://www.bloglines.com/blog/PLL/2008_11_3

BC Media Funding Company II et al v. Lazauskas et al
Plaintiffs: BC Media Funding Company II and Media Funding Company
Defendants: Frank Lazauskas, Michael L. Metter, Leonard Moscati and E. Michael Pisani
Case Number: 1:2008cv06228
Filed: July 9, 2008
Court: New York Southern District Court
Office: Contract: Other Office [ Court Info ]
County: NewYork
Presiding Judge: Judge Robert P. Patterson
Nature of Suit: Contract - Other Contract
Cause: Diversity
Jurisdiction: Diversity
Jury Demanded By: 28:1441 Notice of Removal
http://dockets.justia.com/docket/court-nysdce/case_no-1:2008cv06228/case_id-329108/

Message In Reply To:
Who said RME was ever sued here??? They weren't... this is not RME... Your claim is a lie...