Lawsuit: In Session IgnitedTnT v. LeafLuxury LLC [2025] FCR 131

Hello, I am the new presiding officer of this case



Overruled. None of the questions in of themselves are leading. If we were to ask each question individually to address your concern it would unnecessarly drag this case out and waste the court and the witnesses time.

Summons to the witnesses will be issued shortly. If there are any other pending matters that need to address that I have missed please let me know
If you overruled these would that mean my questions are unstuck from the record?
 
If you overruled these would that mean my questions are unstuck from the record?
They appear to have never been struck in the first place and will remain that way unless otherwise objected to, the witnesses will be able to answer these questions
 
They appear to have never been struck in the first place and will remain that way unless otherwise objected to, the witnesses will be able to answer these questions
Sorry I thought this was another trial I am involved in
 
Unwillingly present. Do I just answer the questions immediately or whats happening.
 
Present your honor.
 
Your honor additionally I move for the court to find MgChamp in contempt of court as he has failed to respond to the writ of summons which is a lawful order of the court requiring the requested person to appear before the court. This clearly constitutes a contempt of court charge and as so the defendant moves to find the this witness in contempt of court.

@MgChamp @ko531

Additionally I ask for the court to ask the witnesses to answer the defendant's questions.
 
Your honor additionally I move for the court to find MgChamp in contempt of court as he has failed to respond to the writ of summons which is a lawful order of the court requiring the requested person to appear before the court. This clearly constitutes a contempt of court charge and as so the defendant moves to find the this witness in contempt of court.

@MgChamp @ko531

Additionally I ask for the court to ask the witnesses to answer the defendant's questions.
As per the server announcement a couple nights ago involving the forums being down, every deadline has been extended 48 hours from the release of that announcement. Those 48 hours are not up until later tonight. Until the deadline passes we will wait for MgChamp.
 
@MgChamp is hereby charged with contempt of court for failure to appear. We will now be moving to witness questioning.

@Omegabiebel @Aboundedcomet please answer the following questions in the next 48 hours
Witness Questions:

.MgChamp2339 Questions
  • What is the National Exchange of Redmont?
  • Have companies listed corporate bonds on the National Exchange of Redmont as a way to fund operations or projects?
  • How are you related to the National Exchange of Redmont
  • At the position you hold in the National Exchange of Redmont are you able to help potential clients list securities on the exchange?
  • On the 11/24/2025 did the defendant contact you regarding issuing company bonds for a project?
  • What were the proposed conditions of the bond?
  • On 11/27/2025 did you respond to the defendant telling them that upon a board vote approval the bonds could be listed?
  • On 11/28/2025 after the defendant asked how long would a board vote take did you respond with 1 day?
  • On 11/30/2025 did you inform the defendant that the board had passed the vote?
  • After this did you inform the defendant to begin preparing prospectus and documentation for the bonds?
  • On 11/30/2025 did the defendant ask regarding the transfer of money?
  • On 11/30/2025 do you tell the defendant that they can “hire an underwriter if they wish”
  • Upon you informing the defendant about the option of underwriting the bonds did they respond asking you the price for that service?
  • On 11/30/2025 did the defendant send you a file titled “LeafLuxury LLC Bond Agreement-2”?
  • Was that file the required documentation needed to list the corporate bonds?
  • On 12/1/2025 did the defendant ask you if the National Exchange of Redmont was able to list the bonds?
  • Did you respond to the defendant?
  • On 12/2/2025 did the defendant inform you that the sale had not gone through due to a delay?

Omegabiebel Questions
  • What is Volt Inc?
  • Does Volt provide business loans?
  • What is your relationship with Volt?
  • In your position at Volt can you approve loans?
  • On 11/23/2025 did the defendant open a ticket regarding a loan in Volt’s discord?
  • On 11/23/2025 did the defendant send you “The company I would lend it to…”?
  • Based off of that message what type of loan did you understand the defendant to be requesting?
  • On 11/23/2025 did you inform the defendant that Volt wouldn’t loan to the defendant without collateral?
  • Upon your message did the defendant offer to put up plot r057 as collateral?
  • On 11/23/2025 at 7:02 PM EST did the defendant ask if you were able to loan them $50,000 with r057 as collateral?
  • What was your response?
  • After this did the defendant ask if Volt were able to loan $100,000 if they were to provide additional collateral?
  • What was your response?
  • On 11/24/2025 did the defendant ask you if you were able to loan them $100,000?
  • Did you respond on 11/24/2025
  • What was your response?
  • On 11/25/2025 did the defendant ask again if the loan was able to go though?
  • Did you respond on 11/25/2025?
  • What was your response?
  • On 11/27/2025 did the defendant ask once more if the loan was able to go through?
  • Did you respond on 11/27/2025?
  • What was your response?
  • After you had told the defendant that the valuator still hadn’t evaluated c521 did they offer to reduce the amount to $50,000 and only put up r057?
  • Did you respond to the defendant after that?

AboundedComet
  • What is Fish’s Bank?
  • Has Fish’s Bank provided business loans?
  • What is your position at Fish’s Bank?
  • On 11/25/2025 did the defendant contact you regarding a loan?
  • Did the defendant ever express to you that they were asking for a personal loan?
  • Did the defendant express that they needed $100,000, had 2 properties as collateral, and had already attempted to secure a loan from 2 banks already?
  • On 11/25/2025 did you inform the defendant that the bank could not loan the amount at the time?
  • After you had told the defendant this did the defendant ask if the bank could loan them $50,000?
  • Did you respond telling the defendant that the bank would not be able to offer the loan of the reduced amount at that time?

    The defendant thanks both the court and the plaintiff's counsel for their understanding of the defendant's situation and need for an extension on the questioning.
 
1. Fish's Bank (also known as Fish's Financial LLC in some cases) is a subsidiary commercial bank of Fish's Corporation.
2. We provide loans to all legal entities but, as of right now, we have not provided any loans to registered businesses (to the best of my knowledge.)
3. I am CEO of the parent company of Fish's Bank and I preform operational duties such as banking and managing loans.
4. Yes.
5. Not explicitly but I presumed it was due to their terminology.
6. Yes.
7. Yes.
8. Yes.
9. Yes.
 
@MgChamp is hereby charged with contempt of court for failure to appear. We will now be moving to witness questioning.

@Omegabiebel @Aboundedcomet please answer the following questions in the next 48 hours
Your honor @MgChamp's answers are vital for our defense so we ask the court not to continue to closing statements until after they answer.
 
The defense would like to ask the court to allow the defense to conduct follow up questions after all answers to all questions from all witnesses.
 
What is Volt Inc?
Volt Inc does not exist.
Does Volt provide business loans?
yes
What is your relationship with Volt?
Assuming you mean Volt Bank, Inc. I'm owner, CEO and director.
In your position at Volt can you approve loans?
yes
On 11/23/2025 did the defendant open a ticket regarding a loan in Volt’s discord?
According to the transcript that I have, yes
On 11/23/2025 did the defendant send you “The company I would lend it to…”?
According to the transcript that I have, yes
Based off of that message what type of loan did you understand the defendant to be requesting?
None really. Volt doesn't have a strict loan product such as "business loan" or "personal loan". We just loan people money and check the collateral is in order.
On 11/23/2025 did you inform the defendant that Volt wouldn’t loan to the defendant without collateral?
According to the transcript that I have, yes
Upon your message did the defendant offer to put up plot r057 as collateral?
According to the transcript that I have, yes
On 11/23/2025 at 7:02 PM EST did the defendant ask if you were able to loan them $50,000 with r057 as collateral?
I don't think it's EST. But according to the transcript that I have with the 7:02PM time, Asega pinged me and asked "good?"
What was your response?
According to the transcript that I have, "it's no problem. What the company name?"
After this did the defendant ask if Volt were able to loan $100,000 if they were to provide additional collateral?
yes
What was your response?
According to the transcript that I have, that I could depending on the valuation
On 11/24/2025 did the defendant ask you if you were able to loan them $100,000?
According to the transcript that I have, no, he just asked for an update
Did you respond on 11/24/2025
According to the transcript that I have, yes
What was your response?
According to the transcript that I have, I didn't have an update from my valuator yet and that it's expected within 48 hours
On 11/25/2025 did the defendant ask again if the loan was able to go though?
According to the transcript that I have, yes
Did you respond on 11/25/2025?
According to the transcript that I have, yes
What was your response?
According to the transcript that I have, "unfortunately not yet"
On 11/27/2025 did the defendant ask once more if the loan was able to go through?
According to the transcript that I have, yes
Did you respond on 11/27/2025?
According to the transcript that I have, yes
What was your response?
According to the transcript that I have, "unfortunately not yet"
After you had told the defendant that the valuator still hadn’t evaluated c521 did they offer to reduce the amount to $50,000 and only put up r057?
According to the transcript that I have, yes
Did you respond to the defendant after that?
According to the transcript that I have, no
 
@MgChamp is hereby charged with contempt of court for failure to appear. We will now be moving to witness questioning.

@Omegabiebel @Aboundedcomet please answer the following questions in the next 48 hours
Your honor, I am very sorry for not responding to the Summon but I am now present and ready to answer any questions asked.
 
Your honor, I am very sorry for not responding to the Summon but I am now present and ready to answer any questions asked.

Objection

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
OBJECTION - Breach of Procedure

Your Honor, the Plaintiff objects to this witness as they failed to appear to their summons in a timely manner despite the staff extension. Your Honor already ruled that only the other witness were to testify in the case, and I request you maintain that ruling.

 

Objection

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
OBJECTION - Breach of Procedure

Your Honor, the Plaintiff objects to this witness as they failed to appear to their summons in a timely manner despite the staff extension. Your Honor already ruled that only the other witness were to testify in the case, and I request you maintain that ruling.

Your honor this witness is crucial for defense and depriving the defense of having this witness now that they have made themselves present is depriving them of an opportunity of a fair trial and a fair chance to defend themselves.
 

Objection

IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
OBJECTION - Breach of Procedure

Your Honor, the Plaintiff objects to this witness as they failed to appear to their summons in a timely manner despite the staff extension. Your Honor already ruled that only the other witness were to testify in the case, and I request you maintain that ruling.

Overruled. While the contempt charge will stand, the witness will be permitted the ability to answer the questions.

@MgChamp please answer the questions before the end of the deadline that has already been set.
 
.MgChamp2339 Questions
  • What is the National Exchange of Redmont?
  • Have companies listed corporate bonds on the National Exchange of Redmont as a way to fund operations or projects?
  • How are you related to the National Exchange of Redmont
  • At the position you hold in the National Exchange of Redmont are you able to help potential clients list securities on the exchange?
  • On the 11/24/2025 did the defendant contact you regarding issuing company bonds for a project?
  • What were the proposed conditions of the bond?
  • On 11/27/2025 did you respond to the defendant telling them that upon a board vote approval the bonds could be listed?
  • On 11/28/2025 after the defendant asked how long would a board vote take did you respond with 1 day?
  • On 11/30/2025 did you inform the defendant that the board had passed the vote?
  • After this did you inform the defendant to begin preparing prospectus and documentation for the bonds?
  • On 11/30/2025 did the defendant ask regarding the transfer of money?
  • On 11/30/2025 do you tell the defendant that they can “hire an underwriter if they wish”
  • Upon you informing the defendant about the option of underwriting the bonds did they respond asking you the price for that service?
  • On 11/30/2025 did the defendant send you a file titled “LeafLuxury LLC Bond Agreement-2”?
  • Was that file the required documentation needed to list the corporate bonds?
  • On 12/1/2025 did the defendant ask you if the National Exchange of Redmont was able to list the bonds?
  • Did you respond to the defendant?
  • On 12/2/2025 did the defendant inform you that the sale had not gone through due to a delay?
1. National Exchange of Redmont is a stock exchange where companies list their securities and public can freely trade them.

2. Yes, many companies raise money by the way of bonds.

3. I am the Founder/CEO of NER (National Exchange of Redmont)

4. Yes, before I went a little inactive I was the one who used to handle all tickets and help companies in their listing process etc.

5. Yes, LeafLuxury LLC's representative RiggoSoft asked us whether they will be able to raise funds by pledging company's interest.

6. The proposed conditions of the bond was 70% of the company's interest pledged for a 100k worth of corporate bond at 3% for 3 months

7. Yes, I told them the board would take around 1 day to vote on this and upon board's approval, we will be able to move ahead

8. Yes, I responded with 1 day

9. Yes, the board vote did passed in favour of RiggoSoft

10. Yes, I asked RiggoSoft to begin the paperwork so we can have a view over it and then list the bonds

11. Yes, RiggoSoft asked me about the transfer of money to which I responded that the money will be received as the bonds are sold

12. Yes, I offered them to hire an underwriter if they wish to.

13. Yes he asked me about the cost of underwriting service.

14. I didn't read the bond agreement since before I could read it, RiggoSoft called it off. Prima facie a bond agreement is enough for listing.

15. Yes, the defendant asked me for listing the bond

16. These were the words from RiggoSoft on 2nd December 2025 "Never mind the sale has not gone through due to a delay
We don’t need it listed anymore I would like to keep this open for any future financing options"
 
Your honor is there a time period you would like the defendant to conduct there follow ups?
 
The defense has 48 hours to provide questions for cross examination.
 
Question for @Omegabiebel

1) Just to confirm, at no point did Volt agree to, nor provide funds to the defendant for this exchange?

Question for @Aboundedcomet

1) Just to confirm, at no point did Fish's Bank agree to, nor provide funds to the defendant for this exchange?

Questions for @MgChamp

1) How do companies receive funding through bonds issued by the NER?

2) Would the defendant have received the requested $100k as a lump payment, or as bonds are sold?

3) Did the NER ever provide funding to the defendant for this exchange?
 
Question for @Omegabiebel

1) Just to confirm, at no point did Volt agree to, nor provide funds to the defendant for this exchange?

Question for @Aboundedcomet

1) Just to confirm, at no point did Fish's Bank agree to, nor provide funds to the defendant for this exchange?

Questions for @MgChamp

1) How do companies receive funding through bonds issued by the NER?

2) Would the defendant have received the requested $100k as a lump payment, or as bonds are sold?

3) Did the NER ever provide funding to the defendant for this exchange?
No, we never agreed to or provided funds to the defendant.
 
Questions for @MgChamp

1) How do companies receive funding through bonds issued by the NER?

2) Would the defendant have received the requested $100k as a lump payment, or as bonds are sold?

3) Did the NER ever provide funding to the defendant for this exchange?
1. We create a stock in our database and allot all securities to the company/entrepreneur. After that they start to put sell orders and people gradually buy the bonds, then gradually these sales take place and the company receives the funds for the bonds.

2. If he opted for underwriting service then a lump sum payment would've been made to him by the underwriter but if not, then he would receive 100k as and when sold.

3. No, but we offered underwriting service through xSyncx.
 
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