Replies to post #29461 on Nymet Holdings Inc. (fka NYMH)

[eagleye]

Perihelion Global Provides Corporate Update; Retains Additional Counsel

Friday May 2, 6:58 pm ET

WILMINGTON, DE and SANTA ROSA BEACH, FL--(MARKET WIRE)--May 2, 2008

-- Perihelion Global (Other OTC:PHGI.PK - News), a development company with interests in natural resources, alternative energies, and advanced communications, today announced an update on the Company's pending litigation with its former attorneys.
http://biz.yahoo.com/iw/080502/0393326.html
Perihelion has retained prominent Montgomery, Alabama-based attorney Julian McPhillips, of McPhillips Shinbaum, LLP to represent the Company in the previously outlined dispute with Burr and Forman, LLC. McPhillips prepared a strong answer and counterclaim against Burr and Forman together with a motion to change venue to Pensacola, Florida. McPhillips has advised Perihelion that he believes Perihelion has a strong defense and a meritorious counterclaim and that it should not be unduly apprehensive about any litigation.
However, McPhillips sent a draft copy of his defense and countersuit to Burr and Forman and has ended up reaching an agreement with Burr and Forman to extend the time to file responsive pleadings to Friday, May 16, 2008. The purpose of the extension is to give both McPhillips and Burr and Forman additional time to attempt to negotiate a resolution of the issues.
The Company will provide additional updates as warranted.
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you mean to tell me they still owe this money? OH MYYY!

Is it you that this company owes money too?

Well, if it is. They owe money to a law firm first before they pay anyone including you. I'm sure you are on a list of hundreds waiting to be paid.

When you purchase a shell or any business you have to acquire there liabilities too.

This shell is loaded with liabilities from the previous owner.