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Microcap & Penny Stocks : PLNI - Game Over

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To: scion who wrote (12200)2/12/2009 8:08:49 PM
From: scion   of 12518
 
02/11/2009 18 ORDER: (1)IT IS ORDERED that the motion of dft, James N. Turek 16 is DENIED; (2) Dft shall file answer to complaint w/in 20 days from date of entry of this order. Signed by Judge Jennifer B Coffman on 2/11/2009.(GLD)cc: COR (Entered: 02/11/2009)
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Doc 18
Extract

CIVIL ACTION NO. 08-395-JBC
SECURITIES AND EXCHANGE COMMISSION, PLAINTIFF,

V.

JAMES N. TUREK, ET AL., DEFENDANTS.

ORDER
* * * * * * * * * * *

This matter is before the court upon the motion of the defendant, James N. Turek, for further enlargement of time to answer the complaint. R. 16. The plaintiff, the Securities and Exchange Commission (“SEC”), objects to the motion. R. 17. The court, having reviewed the record and being otherwise sufficiently advised, will deny the motion.

Mr. Turek requests a second sixty-day extension of time to answer the complaint. In his first request for an extension of time, Mr. Turek claimed that he needed more time to engage counsel. R. 11. Now, he states that he has chosen counsel but needs additional time to obtain funds to pay the attorney’s retainer. R.16. Because Mr. Turek has known about this matter for approximately ninety days, the court finds that he has had sufficient time to obtain counsel.

Accordingly,

IT IS ORDERED that the motion of the defendant, James N. Turek, [R. 16] is DENIED.

IT IS FURTHER ORDERED that the defendant shall file his answer to the complaint within twenty (20) days from the date of entry of this order.

Signed on February 11, 2009

JENNIFER B. COFFMAN, CHIEF JUDGE
UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF KENTUCKY
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