MSM Files BK

MSM Capital has filed for bankruptcy with a hearing set for a court hearing

set for September 5^th. The company officers Michael Cingari and Rob Pardini

were not available for a comment.

Seven employees have judgments in excess of $192,000 for back commission,

as well as other employees have disputes over other benefits, plus many equipment

dealers have not been paid, many applicants have not received their advance rentals back.

For more information about this company, go to:

http://www.leasingnews.org/Conscious-Top%20Stories/MSM_stories.htm

Plus on May 23, 2002, MSM Capital made the Leasing News Alert System

on our Bulletin Board:

http://www.leasingnews.org/bulletin_board.htm