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Post by vroom on Oct 26, 2015 3:21:56 GMT
With whose money did he buy back your shares? Was that done recently? This is not a company that should buy back any shares
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Post by salsucks on Oct 26, 2015 8:10:12 GMT
Sal paid money to Bill Constantine (Last Chance technologies IV) who sent me a check. Not recent, back in late Dec 2012.
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Post by vroom on Oct 26, 2015 14:24:12 GMT
Stuff like that drives me bananas about this company.
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Sally
Full Member
Posts: 105
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Post by Sally on Oct 27, 2015 3:40:59 GMT
Here's a good one, Scuderi Group is mentioned in Wikipedia but try to get info on 41 North Partners and there is none.
Just like this investment, there is nothing.
Neil, you've had waaaaaaaaaaaay too long to prove anything is happening.
I've said it before and I'll say it again - put a fork in this investment, it's done. Actually at this time it's over cooked.
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Post by toyota on Dec 2, 2015 21:04:19 GMT
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Post by salsucks on Dec 2, 2015 21:11:17 GMT
Old news!
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Post by toyota on Feb 18, 2016 20:29:57 GMT
Here's some more recent news:
November 25, 2015 – Court grants a writ of execution for Hino to seize assets of Scuderi Group to recoup the $96,345 that they agreed to pay Hino but failed to pay. Note – Scuderi agrees to the seizure.
December 8, 2015 – Hino requests that Scuderi Group provide, among other things, financial statements, tax returns, and bank account statements, in order to figure out what to seize to recoup the $96,345.
***Scuderi fails to provide the requested financial information.
January 26, 2016 - Hino filed a Motion to force Scuderi to product financial documents. Scuderi has responded by saying the documents won’t help Hino get paid.
Court has not yet decided motion.
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Sally
Full Member
Posts: 105
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Post by Sally on Feb 19, 2016 15:13:52 GMT
Hard to fathom the pride Carmelo must have for his kids. They sure did a bang up job representing his intentions, at least the ones that were conveyed to us at the meetings back in 09, 10 and 11. Must make Sal, Stephen and Nick proud, very proud to have represented the Scuderi family in such a way.
Lights out at the end of the month unless the SG gets funding to keep payroll going because that's the only thing they're interested in now.....keeping payroll going. Sure not concerned about Hino if what Toyota said in an earlier blog is true. Pride......!
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Post by jeremynh on Feb 19, 2016 19:50:49 GMT
Stephen Scuderi surely isn't too concerned about payroll. He works for an Albany patent law firm. Not even mentioning SG on their team page... and their lawsuits.
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Post by vroom on Mar 9, 2016 3:55:51 GMT
Did hino seize accounts and IP? Is that true?
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Post by vroom on Mar 9, 2016 22:21:48 GMT
Definitely not bored. From where I sit, they might be out of business as they have not done anything for investors of substance in a year. I just want info that has to be readily available (3 years of audited financials ) if they are going to go public. Kind of simple. Nkt trying to stir. I am also not going to wait until the statute of limitations runs out.
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Post by vroom on Mar 9, 2016 22:24:32 GMT
Neil- should I infer that you know that the court did not allow Hino to collect? The last numbers I saw were from years ago and - staggeringly- they had no cash, so I am not sure there was much to collect. I don't think they have sold a thing to produce revenue at this stage. I am sure you will correct me (with no substance)
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Post by vroom on Mar 10, 2016 18:02:41 GMT
You are right. No substance.
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Post by vroom on Mar 11, 2016 0:16:44 GMT
Neil is a nice fellow. Claims to be highly sophisticated- but actually not so much.
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Post by vroom on Mar 11, 2016 12:33:40 GMT
Robo.
Neil may be an investor. I concede that. If he has the same info as we do (nothing), then he is errantly placing his faith in one paragraph of the Scuderi website which cannot be confirmed in any other way. They are 0 for 20 in terms of delivering on promises, so his faith is simply blind. If indeed he somehow has more information for us, then I am curious as to how he got it. The Company needs 2-3 years of audited financials to go public. They do not have audited financials as far as I know. They are not going public anytime soon.
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