Resource Development International was an investment company whose owners offered fraudulent investment opportunities.

Current Events

09.10.2009 Order Regarding Amended Petition No 267
Petition to Authorize Final Distribution to Investors, Approve Final Fees and Expenses, and to Close the Receivership
Order Regarding Amended Petition No. 267
08.13.2009 Motion for Show Cause
Receiver files Motion for Show Cause Hearing as to Lonnie Schmidt
Lonnie Schmidt Petition
12.17.2007 Receiver files Third Status Report
On December 13th, 2007 the Receiver filed his third status report. Click the link below to access the report.
Receiver's Third Status Report

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Resources:

S.E.C. Website

Legal Terms: In plain English

Receivership Entities

Included below is a partial list of defendants and relief defendants involved in this case.  This list will be updated as our investigation continues and the involvement of new individuals and entities is discovered.

 

  • Blackwolf Holdings, LLC
  • Edwards, David
  • Edwards, James
  • Galaxy Asset Managment, Inc.
  • Intercoastal Group II, LLC
  • Intercoastal Group, LLC
  • International Education Research Corporation
  • Jade Asset Management, Ltd.
  • Lynds, Kevin
  • Pacific International Limited Partnership
  • Resrouce Development International, LLC
  • Sound Financial Services, Inc.
  • Stock, Gerald J.
  • Whelan, William