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Microcap & Penny Stocks : International Automated Systems
IAUS 0.0400-9.1%Jul 8 5:00 PM EST

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To: TEDennis who wrote (7557)7/6/2022 1:16:26 PM
From: TEDennis  Read Replies (1) of 7572
 
Matt Shepard borrowed $10,200 from "Shepard Global" (Greg Shepard's company) back in August of 2018.

The check was issued to Defendant two days after the court in the Civil Enforcement Case entered a freeze order, freezing the assets of Shepard Global. I think that means both Shepards broke the law.

When Matt was asked during his deposition if he had paid back that loan he said:

No [I have not repaid any of the loan]. I ended up having an emotional -- mental breakdown and ended up getting into legal trouble and have not been able to even come close to paying [the loan] back as I have not been able to have sufficient income to do so.

So, if he has been unable to pay back a $10,200 loan in almost 4 years ... how will he be able to pay a $166,620.33 court judgment against him?

Sure is a pretty day.

TED
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