Replies to post #6605 on Netco Investments, Inc (fka NCVT)

[Sylvrewynde]

Zamiman1, I think you'ld have trouble proving reasonable reliance, particularly if you purchased your shares after December 10, 2004. That's assuming you're contemplating some sort of action for fraud.

Also, if I recall correctly, the Texas Business Act essentially says that the BOD of a company can do pretty much whatever they want with only limited exceptions for personal liability. Of course if you won you would still need to be able to collect on your judgment which,historically, has been very difficult with this group.

You might try your state's Attorney General but be prepared to hear the biggest belly laugh ever if you tell him about this.

As always, though, this is just my humble opinion. You might want to discuss your options, including the real possiblities against any recovery, with an attorney licensed in your state.

[stockefeller]

I have but one question that continually has been ignored...What about the 85 million reasons Telatinos gave investors to buy the companies stock back in January. Why would the answer to that question be so elusive when they publicly stated it to the world in a press release. Specific companies were named...dollar figures were named...millions of dollars of investors money is missing..where is it?

[Yukondan]

Zam, I have been encouraged to not go after this scum in court. I don't think we will do anything but add insult to injury if we spend alot on an attorney. If you know someone that has experience in this area, I would love to hear their opinion, however. At this point, the one reason I would like to see this go to court is so we could ask one question of PT and crew. "With your history of driving seemingly good companies into dark holes is this the result of crooked deeds or are you just plain stupid?" If there is a third option, I don't see it. If anyone has any other ideas, (like Perot said) I'm all ears.