there is a $46,974.12 judgment against Valley Lumber and Ironwood Company,
ECO Plantations International Inc. and
(case numbers 08-A-569169 and 08-A-569445). As of 2008
and Juanita McVay
were officers in both companies. “Full
disclosure” has not been made to the court by either
McVay about their involvement as officers in
other Megaflora companies nor taxes they owe personally or as corporate
officers. Additional defendants include Tony
Green and Emerald Energy LLC.
2. As of February 10, 2009 the court has ordered full disclosure by
and Juantia McVay
on the finances and taxes owed by companies.
On February 10, 2009
financial reports were to be presented to the Las Vegas
court and on February 20, 2009
there is supposed to be a settlement conference.
Even though their attorneys are aware, it does not look like either
party will give full disclosure to the court on finances or to even mention
the other Megaflora corporations on which they owe personal and corporate
3. Currently there is over $21,000.00 owed to
a local contractor in Ulysses, Kansas
for construction on the two greenhouses.
4. 2003 – 2008.
There are hundreds of pages of bank statements in Megaflora companies
(over $200,000.00) of income which Ray Allen and Juanita McVay spent (much
with debit cards at gambling casinos) on which they refuse to provide the
information needed for tax purposes.
Tens of thousands of dollars were put into a joint venture with
Emerald Energy LLC for the greenhouse operation in Ulysses,
Complete accounting has not been done to show what happened to the monies.
Local, state and federal taxes have not been paid on expenditure for
the abandoned operation there.
As of December 2008, the local bank account in Ulysses was still being used
Schwartz et al.
Funds put into the Emerald Energy LLC - Megaflora joint ventures etc.
for the California operations
have not been fully disclosed.
7. In addition to taxes not paid, unpaid
billings made for 2008 to Ray
Allen, Emerald Energy LLC, et al currently exceed
four hundred eighty thousand dollars.
9. On February 13, 2009 in the Las Vegas District Court, case
Number 08-A-569169 states “Arguments by counsel regarding Deft’s” (Ray
Green, and Emerald Energy LLC) “accounting
statements and misuse of company funds.” “The court further stated if the
matter does not resolve the parties may return to the Court to discuss
appointment of a receiver.”
If you have any comments or
questions please visit our Feedback Page, or send an email to: