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Microcap & Penny Stocks : International Automated Systems
IAUS 0.04000.0%Jul 8 5:00 PM EST
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From: TEDennis8/13/2021 12:04:14 PM
1 Recommendation

Recommended By
scion

   of 7616
 
As expected, Judge Nuffer approved the Receiver's motion to consummate settlements.

Following is text extracted from the Order:

the Receiver seeks the approval of eight (8) settlement agreements (“Settlement Agreements”) related to ancillary actions pending in this court that will bring an estimated $312,643.93 into the Receivership Estate.

The ancillary actions are:
Klein v Clement et al, 2:19-cv-00729-DN-PK
Klein v Manley, 2:19-cv-00716-DN
Klein v Plater, 2:19-cv-00792-DN
Klein v Kontos, 2:20-cv-00190-DN
Klein v Searcy, 2:19-cv-00776-DN
Klein v Jones, 2:19-cv-00693-DN
Klein v Welborn, 2:19-cv-00780-DN
Klein v Reay, 2:19-cv-00856-DN-PK


There are several names in that list that should sound familiar to other RaPower3 "team members".

Many of them participated in Shepard's frequent teleconferences where he claimed good progress.

The rest of you folks who haven't settled with the Receiver yet ...

Wake up.

Your attorneys are costing you more money than you will get out of this fiasco.

Especially considering it is highly unlikely you will get ANY money out of this fiasco, and you will still need to return to the Receivership Estate the money you made as a result of your RaPower3 involvement.

When will criminal charges be filed, if ever?

Sure is a pretty day.

TED
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