LOS ANGELES, CA (PRWEB) June 12, 2004
POP N GO, INC. Â Stock Symbol -- (OTC BB:POPN.OB). CEO, Melvin Wyman, has been ordered by a judge to appear in court for a DebtorÂs Examination. The date of the hearing is June 14, 2004, at 8:30 a.m. This public proceeding will be held at the Los Angeles Superior Court, Dept. 1A, located at 111 N. Hill St., in Los Angeles, California. Melvin Wyman has, according to court records, not paid a judgment taken against him almost 7 years ago. According to court records, the amount of money owed by Melvin Wyman is over $245,000.00.
A debtorÂs examination is a court proceeding whereby a judgment creditor, or his assignee, is entitled to ask the judgment debtor, under oath, questions to assist in collecting the judgment. A link to court records concerning the judgment taken against Mr. Wyman, LASCBC 148299 is online at http://www.lasuperiorcourt.org
It is not a crime to owe money to others, but it naturally raises questions as to whether one should manage a publicly traded company when one, as it appears here, has not paid a judgment taken against him. Mr. Wyman, as CEO of a publicly traded company, should disclose to the general public the true facts concerning the existence of this judgment. If he has not paid this debt, then he should provide a public explanation as to why he has not done so.
For more information regarding this press release, or other matters regarding the case against Mr. Wyman, Pop N Go, Inc., et. al. contact the Judgment Creditor Assignee, David Schwartz.
He can be reached at (310)479-3059 and at email address:
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