Comments on: What’s Happening With EMO? http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/ the latest HYIP community updates, from readers, to readers Thu, 04 Dec 2008 00:16:41 +0000 http://wordpress.org/?v=2.2.1 By: sharonsopinion http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-49999 sharonsopinion Wed, 11 Apr 2007 19:00:15 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-49999 I was just thinking that I should go look to see if there is anything new with EMO, but you said it very well. Thank you Tattersall! - Sharon I was just thinking that I should go look to see if there is anything new with EMO, but you said it very well. Thank you Tattersall!

- Sharon

]]> By: tattersall http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-49994 tattersall Wed, 11 Apr 2007 18:21:00 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-49994 Seems as though Gary Barton and company have finally exhausted all of the customer/creditor funds. You know what that means? He is finished his investigation and is ready to wind up this charade. Over a year now and counting, yet there is still no sign of any disbursement on the horizon. Does he plan on paying any customer's back? Does he understand that some sort of meaningful distribution must be made in order to justify what work he has done for the last 13 months? Who knows at this point, but what I do know is that he must have his fees disgorged in order to do this. There is no money left for him to extort and in order to satisfy his fiduciary responsibility as a state court appointed receiver, he will be held accountable and legally liable for future recourse and litigation, if creditors are not made whole. With only a $1 million purchase price for the assets of EMO corp, and signed orders from the Travis County judge, John Dietz, allowing two secured claims from one Anthony Cashen and the other from Comerica bank, nearing a cumulative total of $800K, that will leave only $200K for the rest of us. Anthony Cashen by the way was only a secured creditor because he has an alleged claim against the IP, more specifically the patent pending, and Comerica bank because of all of the NSF charges and bounced printed checks and returned ACH's from opportunistic fraud. The day the receiver shut down EMO's operations, he also placed a freeze on the company's operating bank accounts with Comerica and the situation escalated from there. I hope you weren't counting on receiving any of your EMO money back. The fees and expenses that the receiver has has reported on the EMO website, only is up to August of 2006. We are now in April 2007, do the math and understand who the real criminals are here. Thank you for your time! Seems as though Gary Barton and company have finally exhausted all of the customer/creditor funds. You know what that means? He is finished his investigation and is ready to wind up this charade. Over a year now and counting, yet there is still no sign of any disbursement on the horizon. Does he plan on paying any customer’s back? Does he understand that some sort of meaningful distribution must be made in order to justify what work he has done for the last 13 months? Who knows at this point, but what I do know is that he must have his fees disgorged in order to do this. There is no money left for him to extort and in order to satisfy his fiduciary responsibility as a state court appointed receiver, he will be held accountable and legally liable for future recourse and litigation, if creditors are not made whole. With only a $1 million purchase price for the assets of EMO corp, and signed orders from the Travis County judge, John Dietz, allowing two secured claims from one Anthony Cashen and the other from Comerica bank, nearing a cumulative total of $800K, that will leave only $200K for the rest of us.

Anthony Cashen by the way was only a secured creditor because he has an alleged claim against the IP, more specifically the patent pending, and Comerica bank because of all of the NSF charges and bounced printed checks and returned ACH’s from opportunistic fraud. The day the receiver shut down EMO’s operations, he also placed a freeze on the company’s operating bank accounts with Comerica and the situation escalated from there.

I hope you weren’t counting on receiving any of your EMO money back. The fees and expenses that the receiver has has reported on the EMO website, only is up to August of 2006. We are now in April 2007, do the math and understand who the real criminals are here. Thank you for your time!

]]> By: tattersall http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-47086 tattersall Fri, 23 Mar 2007 19:52:27 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-47086 Thomas Lennon is the receiver for 12 Daily Pro. The url is as follows: http://www.tlennonfor12dailypro.com If you sift through all of his fee applications on the website, you will find that his rates are at least 25% less than that of Gary Barton of FTI Consulting. As for your comments about Mr. Barton posting information on the emocorp.com website and keeping the creditors/consumers up to date, you will find that the scope of his information had been limited, only until the bankruptcy proceeding when the few creditors who were able to show up and witness the dog and pony show, voiced their concerns about the lack of information. Subsequently Mr. Barton then updated the emocorp.com website on October 26th of 2006 and posted more information to appease the creditors. His fees ironically are only up to August 2006, as well as those of his attorneys from Fulbright and Jaworski, LLC. Creditors will still receive nothing from the disbursement of the estate. If he states that the shortfall was somewhere between $3.5-4.3 million, and he only is receiving $1million from the sale of the EMO assets, where is the difference coming from to pay the creditors. I'm sure that he won't be reducing his fees to make good on that. There is so much more information that he is intentionally leaving off the website that is only viewable from the Travis County Courthouse in the form of public documents and filings. Why would that be? Anyway if anyone is curious I can provide a plethora of information for your interest. Thank you for your time. Thomas Lennon is the receiver for 12 Daily Pro. The url is as follows:

http://www.tlennonfor12dailypro.com

If you sift through all of his fee applications on the website, you will find that his rates are at least 25% less than that of Gary Barton of FTI Consulting. As for your comments about Mr. Barton posting information on the emocorp.com website and keeping the creditors/consumers up to date, you will find that the scope of his information had been limited, only until the bankruptcy proceeding when the few creditors who were able to show up and witness the dog and pony show, voiced their concerns about the lack of information. Subsequently Mr. Barton then updated the emocorp.com website on October 26th of 2006 and posted more information to appease the creditors. His fees ironically are only up to August 2006, as well as those of his attorneys from Fulbright and Jaworski, LLC.

Creditors will still receive nothing from the disbursement of the estate. If he states that the shortfall was somewhere between $3.5-4.3 million, and he only is receiving $1million from the sale of the EMO assets, where is the difference coming from to pay the creditors. I’m sure that he won’t be reducing his fees to make good on that. There is so much more information that he is intentionally leaving off the website that is only viewable from the Travis County Courthouse in the form of public documents and filings. Why would that be? Anyway if anyone is curious I can provide a plethora of information for your interest. Thank you for your time.

]]> By: Alisa http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-47008 Alisa Fri, 23 Mar 2007 14:20:05 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-47008 Good morning Sharon and Tattersall, I received both the post and the e-mail. It is to my understanding through researching the web that Mr. Barton was also the receiver for 12 Daily Pro. FTI Consulting has changed their web address multiple times and in the last instance the new link was not readily made available. Somehow yesterday when I was accessing the new web address through third party sites I reached the Motions page of what appeared to be for a different company. When I attempted to access the new site directly, for days I kept getting the message that the page was no longer available. FTI in the past was quick to respond to my e-mails. When I viewed the timeline of events page after it was posted I e-mailed that despite being months into the process, FTI had basically not gained any ground with regard to an equitable distribution plan. I have never received a response from FTI after that e-mail. FTI has not been diligent in its contact with account holders and has failed to respond with any type of good faith effort. I found it ironic that on the letter posted from last March, that Mr. Barton would utilize the website for updates due to the cost of postage. He does not want a nickel to escape him. I have only received one letter from FTI during the many months of this company's receivership. Alis Good morning Sharon and Tattersall,

I received both the post and the e-mail. It is to my understanding through researching the web that Mr. Barton was also the receiver for 12 Daily Pro. FTI Consulting has changed their web address multiple times and in the last instance the new link was not readily made available.

Somehow yesterday when I was accessing the new web address through third party sites I reached the Motions page of what appeared to be for a different company. When I attempted to access the new site directly, for days I kept getting the message that the page was no longer available.

FTI in the past was quick to respond to my e-mails. When I viewed the timeline of events page after it was posted I e-mailed that despite being months into the process, FTI had basically not gained any ground with regard to an equitable distribution plan. I have never received a response from FTI after that e-mail. FTI has not been diligent in its contact with account holders and has failed to respond with any type of good faith effort.

I found it ironic that on the letter posted from last March, that Mr. Barton would utilize the website for updates due to the cost of postage. He does not want a nickel to escape him. I have only received one letter from FTI during the many months of this company’s receivership.

Alis

]]> By: sharonsopinion http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-46952 sharonsopinion Thu, 22 Mar 2007 21:40:26 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-46952 Hi Alisa, I thank you for a very informative post, also. If you would like to start a conversation with tattersall, please post OK in here and I'll send each other's email addresses or shoot me an <a href="mailto:sharonsopinion@nobshyip.net" rel="nofollow">email</a>. I'd love to be in on the conversation. Maybe there's something we could do together. Perhaps we can get together in a conference room. Thanks, Sharon Hi Alisa,

I thank you for a very informative post, also. If you would like to start a conversation with tattersall, please post OK in here and I’ll send each other’s email addresses or shoot me an email. I’d love to be in on the conversation. Maybe there’s something we could do together. Perhaps we can get together in a conference room.

Thanks,
Sharon

]]> By: tattersall http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-46951 tattersall Thu, 22 Mar 2007 21:17:50 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-46951 Alisa, Thank you for your post. I was curious what other internet company Mr. Barton had legally done this to? Seems like FTI Consulting is on to something with their restructuring business. It would not surprise me, based on their company profile and vast experience in this arena, that they look for companies to steal. With an ally of any local, state, or federal government on their side, they can essentially create any case they want and follow through with it until they get what they want. Let's face it, the motivating factor here is money. Yes EMO's technology was unique and very valuable, but greed still remains as one of the primary reasons for most businesses, long term. I would love the opportunity to chat with you more on this topic and perhaps I can shed a little insight on what has transpired over the last year. Please reply with an email address that you would like to use, or send an email to Sharon, for she has my email addy already. Thank you. Alisa,

Thank you for your post. I was curious what other internet company Mr. Barton had legally done this to? Seems like FTI Consulting is on to something with their restructuring business. It would not surprise me, based on their company profile and vast experience in this arena, that they look for companies to steal. With an ally of any local, state, or federal government on their side, they can essentially create any case they want and follow through with it until they get what they want. Let’s face it, the motivating factor here is money. Yes EMO’s technology was unique and very valuable, but greed still remains as one of the primary reasons for most businesses, long term. I would love the opportunity to chat with you more on this topic and perhaps I can shed a little insight on what has transpired over the last year. Please reply with an email address that you would like to use, or send an email to Sharon, for she has my email addy already. Thank you.

]]> By: Alisa http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-46892 Alisa Thu, 22 Mar 2007 14:42:33 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-46892 I am an EMO account holder. It appears that Mr. Barton has found his own method of cashing in on Internet enterprise. It is so unfortunate that he has been allowed to basically execute the agenda that he was put into receivership to prevent. With regard to class action suits, is there no federal laws in place with regard to consumer protection or FTI Consulting, Inc. being allowed, without any form of comparison or accountability, to purposefully consume individuals account balances? What federal agency would be most appropriate to review the actions of the State of Texas and Mr. Barton. Perhaps MSNBC should be given a lead for an investigative expose. Now that the assets of EMOCorp have been purchased by Enhancement V, LLC., I suppose Mr. Barton will delay final closure until he has absorbed those monies also. This is the second internet corporation and group of individuals he has committed this type of theft against. If some type of exposure of his actions does not take place, what other corporation will be the next victim? I am an EMO account holder. It appears that Mr. Barton has found his own method of cashing in on Internet enterprise. It is so unfortunate that he has been allowed to basically execute the agenda that he was put into receivership to prevent.

With regard to class action suits, is there no federal laws in place with regard to consumer protection or FTI Consulting, Inc. being allowed, without any form of comparison or accountability, to purposefully consume individuals account balances? What federal agency would be most appropriate to review the actions of the State of Texas and Mr. Barton. Perhaps MSNBC should be given a lead for an investigative expose.

Now that the assets of EMOCorp have been purchased by Enhancement V, LLC., I suppose Mr. Barton will delay final closure until he has absorbed those monies also. This is the second internet corporation and group of individuals he has committed this type of theft against. If some type of exposure of his actions does not take place, what other corporation will be the next victim?

]]> By: Sophie http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37397 Sophie Thu, 25 Jan 2007 15:43:26 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37397 All they all have to do is get out of the USA period, then they will be OK -- WTF.. it makes no sense.. are they that ignorant and naive? I did buy an account at Southern Star - private - numbered - untraceable since funds must go through an exchanger.. I am hoping this will be an answer - opens in a few weeks All they all have to do is get out of the USA period, then they will be OK — WTF.. it makes no sense.. are they that ignorant and naive?
I did buy an account at Southern Star - private - numbered - untraceable since funds must go through an exchanger.. I am hoping this will be an answer - opens in a few weeks

]]> By: Jude http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37253 Jude Wed, 24 Jan 2007 17:00:27 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37253 Ah, there's no safe haven anywhere when it comes to online ecurrency i guess. Ah, there’s no safe haven anywhere when it comes to online ecurrency i guess.

]]> By: cashking http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37177 cashking Wed, 24 Jan 2007 02:56:29 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37177 Hi Sophie, yes they do have offices there, and I wish they didn't. Same with e-Bullion, e-Bullion is a Panama corporation, and yet they choose to run their offices out of California... they could be the next target, who knows. To run a financial operation properly you just need to get out of the US entirely, I agree Hi Sophie, yes they do have offices there, and I wish they didn’t. Same with e-Bullion, e-Bullion is a Panama corporation, and yet they choose to run their offices out of California… they could be the next target, who knows.

To run a financial operation properly you just need to get out of the US entirely, I agree

]]> By: Sophie http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37130 Sophie Tue, 23 Jan 2007 17:22:55 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37130 Egold has Florida OFFICES which gives them a US presence - Melbourne I believe. I have no idea why they dont get out of the US entirely, even ebullion is in CA! Not even a foot in the US door is safe IMO Egold has Florida OFFICES which gives them a US presence - Melbourne I believe. I have no idea why they dont get out of the US entirely, even ebullion is in CA! Not even a foot in the US door is safe IMO

]]> By: cashking http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37085 cashking Tue, 23 Jan 2007 04:10:11 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37085 Hi Sharon, Wrong, e-gold is in St. Kitts & Nevis Island. The owner/founder lives in Florida. That doesn't make the company a Florida company. ck Hi Sharon,

Wrong, e-gold is in St. Kitts & Nevis Island. The owner/founder lives in Florida. That doesn’t make the company a Florida company.

ck

]]> By: sharonsopinion http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37083 sharonsopinion Tue, 23 Jan 2007 03:42:31 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37083 Hi Cashking, Do you use e-gold? It's in Florida. Hi Cashking,

Do you use e-gold? It’s in Florida.

]]> By: cashking http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37081 cashking Tue, 23 Jan 2007 03:20:18 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37081 This is why I no longer have any significant assets or accounts in the US. It's a sad fact, but unfortunately any financial institution in the US is not trustworthy - not because of the people running it, but because of the money&power hungry attorneys, regulators, feds, or whoever wants to shut down the account/company/institution. I took out my last remaining 5 figures out of the US last year and I have had ZERO problems since then, now that I bank offshore. I sleep well at night knowing nothing will happen to my money. I also lost money in EMO but I consider it MY fault for being so stupid as to trust keeping my money in the US (EMO is in the US). My 2 cents This is why I no longer have any significant assets or accounts in the US. It’s a sad fact, but unfortunately any financial institution in the US is not trustworthy - not because of the people running it, but because of the money&power hungry attorneys, regulators, feds, or whoever wants to shut down the account/company/institution. I took out my last remaining 5 figures out of the US last year and I have had ZERO problems since then, now that I bank offshore. I sleep well at night knowing nothing will happen to my money.

I also lost money in EMO but I consider it MY fault for being so stupid as to trust keeping my money in the US (EMO is in the US).

My 2 cents

]]> By: Tattersall http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37079 Tattersall Tue, 23 Jan 2007 03:07:39 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37079 The creditors will most definitely lose this bid. The judicial system in this country is set up such that without money and power in your corner, you are a man on an deserted island in search of the passing oil tanker from OPEC steaming towards the painfully corrupt state of Texas. Can't you smell that Texas, that is your soul that is burning. What happens next, remains to be seen, but if present history continues to play itself out, the receiver Gary Barton will work on dissolving EMO until every last penny has been exhausted. I'm sure it is worth it though, for apparantly what he and his professional staff have charged during the course of this bogus investigation, they could have taken a small chunk out of the national deficit. Anyway more news to come. Stay tuned, for there is always a place for the truth to be told. The creditors will most definitely lose this bid. The judicial system in this country is set up such that without money and power in your corner, you are a man on an deserted island in search of the passing oil tanker from OPEC steaming towards the painfully corrupt state of Texas. Can’t you smell that Texas, that is your soul that is burning. What happens next, remains to be seen, but if present history continues to play itself out, the receiver Gary Barton will work on dissolving EMO until every last penny has been exhausted. I’m sure it is worth it though, for apparantly what he and his professional staff have charged during the course of this bogus investigation, they could have taken a small chunk out of the national deficit. Anyway more news to come. Stay tuned, for there is always a place for the truth to be told.

]]> By: sharonsopinion http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37044 sharonsopinion Mon, 22 Jan 2007 20:16:30 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37044 I couldn't agree with you more! Well said, Makila! I couldn’t agree with you more! Well said, Makila!

]]> By: Makila http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37043 Makila Mon, 22 Jan 2007 20:13:56 +0000 http://hyipblog.nobshyip.net/2007/01/22/what%e2%80%99s-happening-with-emo/#comment-37043 I have more trust in a scammer than I have in the court system in the USA towards internet businesses. The recievers abuse the law system and the judges who probably dont even have a clue of what the word WWW means. I am sorry but thats the impression I get from all this. In my eyes recievers are scammers as well. I know they gotta feed their family but some of their monthly earnings are simply outragious. I have more trust in a scammer than I have in the court system in the USA towards internet businesses. The recievers abuse the law system and the judges who probably dont even have a clue of what the word WWW means. I am sorry but thats the impression I get from all this. In my eyes recievers are scammers as well. I know they gotta feed their family but some of their monthly earnings are simply outragious.

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