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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: James Bender who wrote (3790)8/15/1998 10:20:00 PM
From: Kurt N  Read Replies (3) of 7039
 
>>I'll bet nothing happens and or there is a continuance, and then another continuance and then it will be out of the present investors lives because by that time everyone will finally wise up and move on with their investments<<

My understanding is that the money/stock in the Bahamas is frozen, until the court case is over with and a judgement made. A continuance would mean that Fisher (who says that the money and stock is legitimately his, and that he is entitled to it) would delay him getting his money. If the money is rightfully his, why a delay tactic??

Continuance's are not automatically granted and there must be an acceptable reason given to the judge. The reason for the first one could be lame, but each succesive continuance request would have to have a better reason (or else the Judge will deny it, and the court case would be argued, and if the intent to delay is obvious cite the party for contempt of court.)

Kurt
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