Quote:
Originally Posted by 123Roman
webby...is there something you suggest that we do now to ensure that we can get our money from them? Should we call our lawyers to try to get assets from them?
|
Mmm.. it would be nice to get more intelligence on both Paymonde and Fund2Go - I mean concrete legal docs re the corp paperwork. Funds2Go is a Nevada corp and Paymonde is .... possibly a Quebec based corp. It is also worth enquirying into MVC and background checks of the dirs of all these corps - some stuff may be meaningful there. A lawyer should be able to establish this in 24 hours.
It's hard to say what that may throw onto the table, (it could go an entirely different avenue), but, and only my
, I'd be heading towards having these corps liquidated and any assets recovered to go towards creditor payments. It is probably the case that they have inadequate funds to settle with creditors.
From what has been shown so far about the management, they are not equipped to be operating net financial services companies. There may be good people involved - but it takes more than that, - and a biz model to ensure security of client funds.
Would think the first step is contact a corp lawyer in Quebec, get him briefed to the hilt and let him get to work, then listen to his opinion for a way forward.
From past history, the longer this drags on, the less chance of recovery of any funds.