Investment Chat Board Lawsuits Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Investment Chat Board Lawsuits

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: randy johnson who wrote (3913)	11/14/2002 8:42:12 PM
From: xrayview	Read Replies (1) of 12465

Re: Gecc The Georgia lawsuit against Gecc brought by Carla Hohenhouse and friends (most definitely not shareholders) was dismissed on jurisdictional grounds and may be refiled according to what Carla has posted. The Companies suit against John Does and several named defendants is slowly proceeding - Gecc requested 120 additional days to find the bad guys – the subpoena of Lycos was not honored by RB and the judge refused Gecc’s request to impel them to comply. Since commencing their lawsuit Gecc received notice from the Arkansas Securities Department that they are being investigated. A Ceast and Desist order was ordered by the ASD which prevents the Company and its officers from selling shares in Arkansas. This order was challenged in court by Gecc, but they failed to persuade the judge that selling unregistered shares was allowed under Arkansas law, a fact unkwown to John Dodge, the Golf attorney and Corpotate officer, he admitted. They have been evicted from their headquarters. The lost their only asset (an Hispanic UHF TV station with a potential maximum audience of 350 of mixed race) because they couldn’t make the payment. Tim Brooker the erstwhile (resigned about 6 weeks ago) CEO and right wing activist has his home in foreclosure. Their more current CEO Daniels is said to have resigned, but no statement has been issued. Todays filing a quarterly late filing was not signed by Daniels, but rather the multiple felon Jim Bolt. Oddly Brooker appears as a contact but not a signatory. They have neglected to file an 8K reporting the ASD investigation and Ceast and Desist and the loss of their only asset. I guess they don’t consider it material.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next