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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Skeeter Bug who wrote (23448)7/12/1999 2:08:00 PM
From: Janice Shell  Read Replies (1) of 26163
 
Thank you. Meanwhile, at the Alternate Universe Pugs is still going on about DTC and its role in our little drama. It would be pleasant to discuss this with people not suffering from severe cognitive deficits. Any takers?

Is DTC a defendant in the Mann case? Well, let's turn to the transcript of the January/February hearings, shall we?

4 MR. COOPER: William Cooper on behalf of
5 Depository Trust Company. Your Honor, also, with me is an
6 attorney from New York, Isaac Montal, M-o-n-t-a-1, the
7 Proskauer Rose firm. He's the lead counsel for Depository
8 Trust Company.
9 We filed a petition for permission to practice in this
10 case only. The appropriate fees have been paid. It's on
11 file pending disposition by the Court. I'd ask that he take
12 the lead today on behalf of Depository Trust Company.
13 THE COURT: There's no problem. I'll authorized
14 him to practice for purposes of this case, actually. And
15 you're more deeply involved. The amended complaint names
16 you, and some question has been raised as to the
17 appropriateness of that.
18 I'm not sure that the suggestion that the amended
19 complaint required the consent of the Court, but we can deal
20 with that later. There are a number of other procedural
21 things. And I don't think that the plaintiffs have
22 responded to that motion.
23 MR. COOPER: No, they haven't.
24 THE COURT: Okay.
25 MR. COOPER: It was both in opposition to the

ASSOCIATED REPORTERS OF NEVADA (702) 382-8778

6

1 motion for injunction and a separate motion to dismiss on
2 behalf of DTC.
3 THE COURT: Yes. And you've joined in that
4 motion.
5 MR. COOPER: Yes.
6 THE COURT: Okay.


I tried to explain to Pugs what this means. The Court says:

1. That AZNT's inclusion of DTC in the complaint has been challenged as being "inappropriate".

2. That he isn't sure whether determining the appropriateness of DTC's inclusion falls within his purview, but will examine the issue at a later date.

3. That a second issue to be decided is whether DTC is to be bound by the 2 October injunction.

The Court has yet to rule definitively on either issue.
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