InvestorsHub Logo
icon url

Wayne Rosso

04/06/10 3:25 PM

#23176 RE: DRMisDead #23173

Excellent analysis!

You're right on point. There is absolutely no way that any investor would give them bus fare considering the payables and lawsuits. And BTW, there are probably more lawsuits that we don't even know about. Remember the one in Phoenix that resulted in a default judgment of $200-250 K? God knows how many more are floating around out there. I personally know people who have either never been paid and/or holding bad checks from them and just have not pursued any legal action. They probably know that it is useless because if they do prevail in court, and they would, they would never collect from Klepsy. Let's face it, the public record shows a very consistent MO of dodging payment of settlements, let alone judgments!