To: Jeffrey S. Mitchell who wrote (23359 ) 9/7/1999 2:32:00 PM From: Jeffrey S. Mitchell Read Replies (1) | Respond to of 26163
Re: Nextech Update Recall on April 22nd, in the referenced post, Judge Hagen wrote:In summary, IT IS ORDERED that plaintiff's motions (#27) for contempt sanctions, for appointment of a temporary receiver, and for attorney's fees and costs is GRANTED and defendant's motion to vacate (#31) is DENIED. Recall this PugsLie?:Shell, get out of that nicotine womb of yours you old bat, thats only interesting if it was still april ! LOL.... WORSE CASE SCENARIO FOR AZNT SHAREHOLDERS..... if the magistrate approves a stay, there will be a jury trial in Hayden's court, the court said that'll be a 2 yr. wait minimum. If the magistrate denies a stay, its bumped up to the ninth court for jury trial...another 2 yr wait. Either way Shell, even after all that, the stock is restricted, you can't violate SEC regs by registering the bogus stock you EDUCATOR. the order was issued to 'register' the 224k shares out of Wanda Kricfalusi's name into Nextech's. there was a hearing regarding the transfering of this stock into Nextech's name, AZNT was given a deadline to this ( this is the court order you 2 cretins posted) . Now Shell, tell us about the letter Nextech's attorney sent to AZNT. He stated the stock "MUST BE REGISTERED"...where in that court order PROFESSIONAL RESEARCHER does it say the stock must be "registered"? The order NEVER said that, only the letter did. SEC rules would over rule such an order even if the court did make it. Regardless, AZNT issues the stock without a legend, Nextech's attorney turns it over to our good friend TORREY PINES, that right, AZNT's new MM? Now we start to learn why PINE is making a market in AZNT, don't we? Nextech's lawyer demands the stock be registered, but theres' no court order for that, that would violate SEC regs. In fact, a SEC attorney concurred with this. The stock makes its way to Payne Weber for clearing, Weber sends it to the TA to get it into street name. The TA REJECTS IT! LOL !AND....PUTS A LEGEND ON IT, its' restricted stock you cretin! And then its sent back to PW. Turns out T PINE is short then doesn't it? Second hearing was for the contempt of court, for not sending this stock back registered. Where does that leave us Shell ? AZNT issued another 224k shares to be held in the posession of the court. Its sitting in the court waiting for 2 things to occur.. If AZNT recieves the stay , we'll have a trial with Hayden, court says thats 2 yrs. down the line. In the first hearing no evidence was submitted, that'll change..discovery time & kiss of death for Nextech & Charlie. If the stay is denied, we go to the ninth court for jury trial, discovery & another kiss of death for Charlie & nextech. Get some fresh air you 2 bit stock hustler. Pugs ragingbull.com Well, the shares are gone and the last two events on the docket are: 8/9/99: Reply and opposition to motion by Nextech for contempt of court sanctions on behalf of AZNT and Michael Sylver. 8/20/99: Reply to opposition for contempt of court sanctions If anyone wants me to transcribe the full docket sheet from my notes, let me know. - Jeff