Securities and Exchange Commission v. Nadel et al

Filing 1289

STATUS report Receiver's Twenty-First Interim Report by Burton W. Wiand. (Attachments: # 1 Exhibit A - Standardized Fund Accounting Report, # 2 Exhibit B - Receivership Assets Sold or Otherwise Disposed, # 3 Exhibit C - Chris Moody's Assets, # 4 Exhibit D - Neil Moody's Assets)(Lamont, Michael)

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EXHIBIT D Neil Moody's Assets Asset Purchase Price or Share % of Interest Information Acquired Loans Liens Status/Disposition Real and Personal Property 464 Golden Gate Pt., Apt. 703, Sarasota, Florida $2,160,000.00 a primary mortgage loan in the amount of $956,000 and a home equity line of credit with an initial balance of $880,000 Miscellaneous personal items which include, household furnishings and art, electronics, three pistols, a custom knife, and six cases of mostly modest vintage California wines The Receiver was granted possession of this property on January 28, 2010(Doc. 327). This property is a residential condominium unit in a building called La Bellasara and was Neil Moody's primary Florida residence. The Receiver obtained Court approval of a contract for the sale of this property for $2,300,000. The Receiver obtained $2,147,993.69 in proceeds from this sale and presently is holding them in a separate account. The Receiver has consigned many of these items. To date, the Receiver has recovered approximately $18,983.84 from the sale of some of these items after payment of commissions and other costs associated with the sales. The Receiver still has some items on consignment and is in the process of trying determine the best method to sell the other items which have not been consigned. Financial Accounts/Securities First American Bank Account of Neil Moody Charitable Foundation The Receiver obtained the balance of this account which was $375.25. 1 of 7 Neil Moody's Assets Asset Purchase Price or Share % of Interest Information Acquired Loans/Liens Status/Disposition Bonds.com 1,041,667 shares Pursuant to the agreement between the Receiver and Bonds.com for the repayment of debt,termination of rights, and repurchase of securities, which was approved by the Court,these securities were repurchased on October 10, 2012 for $5,000. Please refer to Section V.C.2 of the Twelfth Interim Report for more details regarding this agreement. First American Bank 36,000 shares The Receiver redeemed these shares in May 2015 for the total amount of $288,000. Nerium Biotechnology, Inc. 309,097 shares The Receiver is working on obtaining possession of these shares and is attempting to determine the available market for these shares. Phoenix BioTechnology, Inc. 123,218 shares The Receiver is working on obtaining possession of these shares and is attempting to determine the available market for these shares. Electronic Card Game, Inc. 50,000 shares This company was liquidated through a Chapter 7 bankruptcy and is no longer in operation. As such, it is unlikely that the Receiver will be able to recover any funds for this investment. Celsia Technologies (formerly iCurie) 75,000 shares Series A pfd This company is no longer in operation and all of its assets have been sold. As such, it is unlikely that the Receiver will be able to recover any funds for this investment. 2 of 7 Neil Moody's Assets Asset Purchase Price or Share % of Interest Information Acquired Loans/Liens Status/Disposition Drinks Americas Holdings, Ltd. 2,331,577 shares The Receiver is working on obtaining possession of these shares. Due to reverse splits, the number of shares has significantly decreased. The Receiver is attempting to determine the available market for these shares. Mimeo.com 12,500 Series C preferred shares and 549 Series AB1 preferred shares The Receiver has obtained possession of these shares and is attempting to sell them. KineMed, Inc. 162,008 common shares, 587,687 AA preferred shares The Receiver has obtained possession of these shares. KineMed has informed the Receiver that no market exists for the shares and that the shares cannot be sold, transferred, or otherwise disposed of without registration under the Securities Act or the availability of an exemption thereunder. This company filed for bankruptcy under Chapter 11 of the Bankruptcy Code on May 4,2016. The Receiver will take appropriate action to protect the Receivership's interests. Active RFID Systems 50,000 shares This company is no longer in business. As such, it is unlikely that the Receiver will be able to recover any funds for this investment. Advanced Nanotech, Inc. $75,000.00 This company was liquidated through a Chapter 7 bankruptcy and is no longer in operation. As such, it is unlikely that the Receiver will be able to recover any funds for this investment. 3 of 7 Neil Moody's Assets Asset Purchase Price or Share % of Interest Information Acquired Loans/Liens Status/Disposition Gold Reef International Inc. n/k/a Montana Gold Mining 20,000 common shares The Receiver has obtained possession of these shares and is attempting to determine the available market for these shares. MAM Software Group, Inc. 10,630 shares The Receiver is working on obtaining possession of these shares and is attempting to determine the available market for these shares. Vital Living 268,445 shares This company is no longer in business. As such, it is unlikely that the Receiver will be able to recover any funds for this investment. Business Interests The Rustic Oven (I and II) $2,390,000.00 These were two restaurants located in Colorado. They are no longer in operation and all assets were encumbered. As such, it is unlikely that the Receiver will be able to recover any funds for this investment. 75% interest in both Collingwood Construction Group, LLC was liquidated through a Chapter 7 bankruptcy proceeding and is no longer in operation. Accordingly, the Receiver will not be able to recover any funds for this investment. Collingwood Construction Group, LLC 16% Callahan Energy Partners 2 units $5,000.00 4 of 7 The Receiver is researching Neil Moody's interest in this entity. Neil Moody's Assets Asset Purchase Price or Share % of Interest Information Acquired Loans/Liens Status/Disposition Gibraltar Energy, LLC $150,000.00 The Receiver is researching Neil Moody's interest in this entity. First Nations Management, LLC $2,429,706.00 This company is no longer in business. As such, it is unlikely that the Receiver will be able to recover any funds for this investment. Netwolves 31 units ($49,600) This company underwent reorganization through a Chapter 11 bankruptcy proceeding. As a result of this reorganization, previously held interests were cancelled. The Receiver is still researching this matter, but it does not appear likely that he will be able to recover any funds for this investment. Screen Test Studios, LLC 100,000 units The Receiver is evaluating Neil Moody's interest in this entity. 5 of 7 Neil Moody's Assets Asset Purchase Price or Share % of Interest Information Acquired Loans/Liens Status/Disposition Receivables/Notes Bonds.com promissory note in the amount of $250,000.00 Pursuant to the agreement between the Receiver and Bonds.com for the repayment of debt,termination of rights, and repurchase of securities, which the Court approved,this debt was retired along with all other Bonds.com debt to the Receivership in exchange for payment of $2,250,000. Please refer to Section V.C.2 of the Eleventh Interim Report for more information regarding this agreement. Collingwood Construction Group $50,000.00 Neil Moody loaned Collingwood $50,000. As this company was liquidated through a Chapter 7 bankruptcy, it is unlikely that the Receiver will be able to collect on this loan. Fast Funds $50,000 unsecured note The Receiver is researching Neil Moody's interest in this entity. South West Casino Corp $50,000 convertible note It appears that this entity may no longer be in business. The Receiver is conducting further research regarding this entity and Neil Moody's interests. Legacy Card Co., Inc. $50,000 convertible note The Receiver is researching Neil Moody's interest in this entity. 6 of 7 Neil Moody's Assets Asset Purchase Price or Share % of Interest Information Acquired Loans/Liens Status Disposition Rocket Science Labs (Dennis Fontaine) personal loan of $40,000 The Receiver is contemplating the appropriate course to take for collection of these receivables. Tasker Products $50,000 convertible note This company is no longer in business and all assets have been liquidated. As such, it is unlikely that the Receiver will be able to recover any funds for this note. Callahan Energy Partners $60,000.00 The Receiver is researching Neil Moody's interest in this entity. 7 of 7

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