Replies to post #799 on Cornell Yorkville Clients

[jonesieatl]

Titan, long time involvement with YAGI

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=25858858

[breezin_chs]

It looks as if Cornell Capital Partners/Yorkville Advisors LLC/YA Global was about to be hosed for approx $5 million. Poor babies. Renewal Fuels is broke. So why not orchestrate a scam? It would only hurt a few hundred (?) penny stock investors.

See Renewal Fuels, Inc.
10-Q September 30, 2008
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6252734

This secured convertible indebtedness of Montgomery and YA Global (collectively, “Lenders”) had an aggregate principal balance, as of April 21, 2008, of approximately $4,249,720, and aggregate accrued unpaid interest of approximately $562,920.

Pursuant to the Agreement, the Company gave formal written notice to the Lenders of events constituting defaults under the notes and other documents evidencing and securing the Indebtedness (the “Loan Documents”), that are continuing, including the Company’s failure to repay a portion of the indebtedness that had matured.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57003792
Anatomy of a scam.