Mastro and Allen Indicted

[Peter_Spaeth]

Originally Posted by calvindog

They're not so big that they can't address the 600 pound gorilla sitting in the corner.

Would you feel better if they sent an email saying we deny the charges and intend to vigorously contest them?

[calvindog]

Originally Posted by Peter_Spaeth

Would you feel better if they sent an email saying we deny the charges and intend to vigorously contest them?

No, they've already said that in the papers through their lawyers. I think it prudent that they at least address the impact if any the charges will have on their business, their consignors, their customers, etc. and what, if any, efforts they are making to ensure that Legendary will be a going concern. Don't the people who have spent millions of dollars with Legendary and Mastro at least deserve that?

[Peter_Spaeth]

Originally Posted by calvindog

No, they've already said that in the papers through their lawyers. I think it prudent that they at least address the impact if any the charges will have on their business, their consignors, their customers, etc. and what, if any, efforts they are making to ensure that Legendary will be a going concern. Don't the people who have spent millions of dollars with Legendary and Mastro at least deserve that?

Maybe Leon will get another message on his voice mail.

[Leon]

Originally Posted by Peter_Spaeth

Maybe Leon will get another message on his voice mail.

I doubt it.

And not like I am a pushover but I have to concur with Jeff. They do have at least one executive not indicted, with 30+ yrs in the industry, that could easily temporarily fill in. I think an interim president wouldn't be a bad thing to consider. It's not my company but I do have a small vested interest in the way of some consignments coming up. I had to rob Peter to pay Paul (irony intended) as I am a hopelessly addicted type card collector and had to pay for my last winnings somehow . I will mention that Doug has always helped in some of my collecting endeavors. The rest remains to be seen and of course if I was ever shill bid I won't be the happiest collector, nor would anyone.

[base_ball]

Just a rumor, but I've heard that they are putting the finishing touches on mug shot promo cards for distribution at the National. The cards will feature a "Criminal Code of Conduct" on the verso of the booking photo.

[sago]

Mastro and Legendary Auctions have nothing to do with each other. Just because all 3 people used to work for Mastro Auctions and commited fraud, does not mean that the two that bought out Mastro, sold his collection for him, have all the Mastro auction results on their site, etc., should mean anything to current consignors as they surely have not done anything wrong since. (tongue in cheek smiley)

David davis