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Microcap & Penny Stocks : Chester Holdings, Ltd. - CHES -- Ignore unavailable to you. Want to Upgrade?


To: Milk who wrote (593)5/27/1999 5:50:00 PM
From: Goinlong  Read Replies (1) | Respond to of 1174
 
Milk, judgement was entered against the owners as operators of Aqua Buoy. CHES had no judgement against it according to this document.So CHES is a clean shell from the point of view of this document you presented.
Goinlong



To: Milk who wrote (593)5/27/1999 5:53:00 PM
From: SSP  Respond to of 1174
 
These where former officers of AQUA BUOY and just because the judgement was 03/12/99 doesn't mean it happened 03/12/99. The legal systems are very slow!
Something is brewing, the attorneys Frohling Hudak & McCarthy are real! Their offices are in Roseland, New Jersey!

Steve



To: Milk who wrote (593)5/27/1999 10:00:00 PM
From: Qone0  Respond to of 1174
 
The United States District Court for the District of New Jersey
issued a final judgment against defendants Joseph and Constance
Pignatiello (the Pignatiellos)


The court states final judgement. As in all has been settled.

(3) permanently enjoined
Joseph Pignatiello from serving as an officer or director of a
public company; and (4) enjoined Constance Pignatiello from serving
as an officer or director of a public company for five years.


The people who ran this scam years ago can no longer be an officer of any public company. They are out of the picture.

The Court found that the Pignatiellos, former officers of Aqua Buoy
Corporation (Aqua Buoy), now known as Chester Holdings, Ltd.,


Here the court makes it clear they are no longer part of the company. Also notice that the company is never part of the judgement. Company's never are part of a stock fraud judgement. They can not commit fraud. Only the people who are officers can commit fraud.

So the questions remain. Who owns the shell now? Why has it traded over 90 million shares in the last few days? Is it a pump and dump? If it is a pump and dump who can generate that kind of sustained volume for days?

Back to lurking for me.