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RDX Technologies Corporation V.RDX



TSXV:RDX - Post by User

Comment by kisstopherpon Jul 31, 2015 9:18am
186 Views
Post# 23979184

RE:RE:RE:RE:How?

RE:RE:RE:RE:How?

borne2run wrote: There is no point - read the NY Supreme Court proceedings.
As far as I can tell:
1.  GEM is seeking an order to enforce a $27 million claim against RDX & the Danziks.
2.  CWT opposes that motion because they want the RIN money from 2012 (over $3 million).
3.  RDX and Dennis have been sued by a fund for non-payment of a loan in excess of $2 million
4.  RDX has even been sued by the company that leased railcars to CWT.
5.  Dennis alleges that CWT was a fraud from day one (never produced quality fuel).and that he is the victim.

So, all the creditors are coming out of the woodwork up to claim what's owed, while one (GEM) is trying to get everything now.
I don't think GEM gets their order and, even if they did, Dennis would probably file for bankruptcy and then they would all have to line up in bankruptcy court.




WOW - Remember when DD cronies were threatening people with defamation claims here. The man is outright pathological. 

The whole thing was a fraud. 

 

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