WHAT FRAUD ? FRANK KRISTAN ACCUSED THE TRUSTEE OF PATRIOT ADVISORS OF FRAUD. HE WAS NEVER ACCUSED OF FRAUD.
YOU ARE FULL OF (BEEP)
TEM 3. BANKRUPTCY OR RECEIVERSHIP.
(THE DEBTOR IS FRANK!)
On January 25, 2007 the United States Bankruptcy Court for the District of Maine, in Case No. 04-20328, entered an order confirming the agreement with the Debtor, whereby the Debtor will purchase the stock of Patriot Advisors, Inc and merge the company with Ludvik Capital, Inc, whereby the surviving corporation will be the registrant, Ludvik Capital, Inc.
On February 7, 2007 the order became effective and a copy is attached hereto as Exhibit 99.1. A copy of the Debtor’s Disclosure Statement, including a copy of the agreement, has been previously filed by the company.
Pursuant to the agreement shares of the Company’s Common Stock were issued to the certain creditors who had accepted the offer at $1.00 per share and shareholders who had participated in the plan with the agreement of the debtor under the plan in exchange for a claim against, an interest in, or a claim for an administrative expense in the case concerning, the debtor or such affiliate, or principally in such exchange and partly for cash or property.
As a result of the election of certain creditors and proponents of the plan and agreement, as of March 20, 2007, there are 20,000,000 shares of the Company’s common stock issued and outstanding. Ludvik Nominees Pty Ltd is a shareholder of record of 14,968,200 restricted securities and there are an additional 23 shareholders of record for 5,031,800 shares of common stock.
Yea but OJ only killed people once... this guy according to you has committed fraud countless times... and if money actually worked I dont think we would have seen more then a dozen wall street low life's go to prison...that argument is bull sh*t plain and simple...
Even if he was never convicted he would at least have an arrest record and then beat it in court... so until you have actual proof and him just being involved with failed company's were disgruntled investors have lost money has no real baring... as someone said...when your ( the word your being some investors not just you) green your simply just giddy and as soon as you turn red its all about the crooks.
Way to many people here have invested in this with their heart and not their head... its like Marino telling us it was going down.. no kidding, read the Q and anyone could see that there was going to be debt conversion... so anyone with an ounce of investing knowledge could see it was going down...what no one can know is how far cuz no one knows how many shares at any given time they will convert... again when this bounces back be interesting to see what everyone has to say then.
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