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10/21/10 12:23 AM

#68085 RE: paidmyway #68084

Nobody on this forum would listen to any part of the BK theory we talked about over a year ago..........all I heard about was big money was going to be made...........look what happened.

Chapter 7 better be talked about and in a BIG way..........it is a VERY REAL possibility...........to deny it would be very ignorant and could possibly have people loosing the rest of their investment.........but hey.......who cares........when your down 95% there isn't much more to loose........I understand. :)



Where there are thieves there are lies...........and this whole thing was built on LIES!!!!!!!!!!!
Lots and lots of LIES!!!!!!!!
The judge will not be amused..........nor am I.
Chapter 7 is very real.
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Regulator78

10/21/10 10:34 AM

#68096 RE: paidmyway #68084

Paid,

There are only 2 options:

a.) CRPK MGMT knew that the mill would not work prior to the grand openning, but conitinued to raise money fraudently without disclosing the problems to their investors hoping that throwing money at it would solve the problem, or

b.) They really thought it would work, were shocked that it didnt, and then continued to raise money thinking they could fix it by throwing money at it.

Eiter way it is total and complete neglect towards investors. They kept us in dark and even continued to raise money knowing what the problems were. Inducing a lender or investor to put up dollars under false pretence is no way to do business. I think chapter 7. May not be soon. Nothing moves quickly in our legal system.

Frankly, being up front and honest about the situation may keep others from losing more money in this play. So your saying it does no one any good is just way off base.

Share holders are wiped out in the vast majority of chapter 11 situations, IMO, it will happen here whether we go 7 or not.