Cheep picks

[EL CHAPO]

God bless you and completely agree. You're a great man. Happy to say you are a friend of mine. Keep on keepin on. You deserve all the best that comes your way.

[elcheepo]

God bless my friend. The power of fellowship makes the miracle. I will continue my prayers.

[EL CHAPO]

El cheepo that means so much from you. Daniel is doing amazing thank you very much. He is walking again, slowly but surely we pray for a full recovery. His speech is coming along. With your prayers and daily rehab life is becoming better and better for him. Thanks so much again Cheepo. How have you been??

[elcheepo]

I hope your family is well.. I prayed daily for your injured member.

[b4ucry]

And still glad i grabbed some Friday. KALY

[mary777]

KALY bounced off .03 bottom. 6.7 million in the float. A little more buying pressure and this one moves. GREAT DD on the KALY board. This one is a no-brainer.

[b4ucry]

Rough summer waiting on news and updates. finally a few moving. ARCS/GCEI.

[elcheepo]

Waiting for moneytime to bring them

[b4ucry]

Someone is always watching. Cheep where are all the Picks?

[elcheepo]

We can use this board, no one else watches it.
I don't pay for membership as the mods on IHUB are unfair most the time and don't deserve my money

[elcheepo]

I don't have your email address

[elcheepo]

How do I join your team?

[elcheepo]

How is the family's?

[FIERCE]

To you as well

[elcheepo]

Good luck to you my friend

[FIERCE]

Disappointed when he emailed that there would be an announcement this week with merger of fantastic company.

Still could be on the way, but delivery on promises is most important

[elcheepo]

Not to good eegi

[FIERCE]

Large merger

[elcheepo]

What's going on there ?

[FIERCE]

$EEGI

[elcheepo]

Let's keep in touch.. I lost a ton and need make up money

Let me know some

[EL CHAPO]

I have not heard that. I have a few I'm looking at currently
If you follow my posts you will see wherever I post that's what I'm in currently.

[elcheepo]

That's good to hear... Hope all goes well

Any good picks out there ?

I actually hear that BILB may have a second life soon

[EL CHAPO]

Everyone is hanging on. We will be ok. Just keep praying. He's a fighter. Long journey ahead but he will make it Thank you

[elcheepo]

How is your family?

[EL CHAPO]

This could become a """HOT"""" new board if that's what you want? ;)
Sorry been out of service all day in hospital with Daniel. What's up pal???

[b4ucry]

Will take a look at that one. Thanks. ACTL>NEIK>AHIX Looks like they may start moving up. Two of them got news today.

[elcheepo]

Get COWI?

[b4ucry]

Ok i picked up about 400k today. thanks

[elcheepo]

Get BILB

[b4ucry]

Just trying to make a buck. Been awhile hope you are doing good.

[elcheepo]

Not bad... How about you?

[b4ucry]

What's going on over here Elcheepo. Hope everybody is making money.

[$27]

56chevy
with your experience in banking and your understanding of bankruptcy proceedings, what do you make of the latest filling on the UWBKQ board......especially the tickle date. I ask this question here because the board has lost all professionalism and I do not want you or myself attacked. (not that you could not stand up for yourself, its just easier this way). thanking in advance.

jehu

[Newtogame]

Our Experience



United Western Bank v. Office of the Comptroller of the Currency, et al.
Practice Area(s): Bank Director & Officer Defense, Bank Regulatory, Complex Civil Litigation, Government Enforcement, Litigation
Attorney(s): Sandler, Andrew L.; Buffone, Samuel J; Saul, Benjamin P.; Prieto, Liana R.
Case Date(s): 2011
Court: D.D.C.
Judge: Jackson, Amy Berman
State: Dist. of Columbia
Docket No. 1:11-CV-00408-ABJ


On behalf of United Western Bank, filed suit against the OTS and FDIC claiming a wrongful seizure and appointment of a receiver. The lawsuit asserts the bank was, in fact, "economically viable" and the seizure was "arbitrary and capricious." It demands that the court order the OCC, the OTS' successor, to remove the FDIC as receiver of United Western Bank. The Court denied a motion to dismiss by the OCC and granted United Western Bank leave to take discovery from the OCC to ascertain whether documents had been improperly excluded from the administrative record. The Court dismissed the FDIC from the case, but the FDIC has since intervened in the case in an attempt to block the release of FDIC documents identified as responsive in the course of discovery.

Respectfully Chevy --you said yourself that UWBKQ had a Very good case, I guess I'm hopeless -- why would BS continue to advertise this as a significant representation if they lost the case? I certainly don't advertise my failures! Why did the board of Uwbkq drop the appeal (in their best interest) The agreement that the FDIC and JPM entered into was public and they said so--why is everything so secretive from the BK Court. Where is the $$$ coming from to pay the people they have paid in the BK Court? UWBKQ dropped the appeal just after the highlighted sentence above showed up in Lianas file. If there was more discovery to be had, why drop the appeal? If and I say IF there is a CSSA (confidential settlement stipulation agreement) then I would think it would be confidential. I guess my problem is that things just don't add up like I would expect. Too many questions remain.


BancShares and various subsidiaries have been named as defendants in legal actions arising from their normal business activities in which damages in various amounts are claimed. BancShares is also exposed to litigation risk relating to the prior business activities of banks from which assets were acquired and liabilities assumed in the various FDIC-assisted transactions. Although the amount of any ultimate liability with respect to such matters cannot be determined, in the opinion of management, any such liability will not have a material effect on BancShares’ consolidated financial statements.

Opinion isn't that one of the words from a forward looking statement? And God knows The board of directors for FCNCA would put a twist on anything. Hell they rule their bank with an iron fist.

Forgive my rant and thanks so much for putting up with me--hell why do you put up with me?

New

[56Chevy]

This document is the Debtors CERTIFICATE OF NOTICE.

FCNCA was officially telling the court and the debtor that they wanted to be on the official list of people who will be electronically sent copies of court docs as they become available.

FCNCA is now the owner and has fiduciary responsibility over hundreds of millions of dollars worth of UWBK's old assets. FCNCA didn't originate those loans...they have no idea what's in every loan document UWBK put out. Keep in mind UWBK was closed down for making loans they shouldn't have and FCNCA doesn't want any surprises. What if, for example, there were clauses in some of those loans that for whatever reason cannot be honored now (by the borrower or the lender)... or maybe someone says they had verbal commitments. You never know what might come out in a BK when people legally wrangle over hundreds of millions of dollars. If I'm FCNCA I have a prudent legal responsibility to serve notice I have a huge interest in what happens in this BK.

The certiciate of Notice doesn't necessarily mean the person or company listed is an existing creditor...it simply means they want court docs and if they do get involved it would be as a creditor.

Actual creditors with existing claims in a BK are spelled out in schedules D, E and F.

Here is a link to see what these schedule docs look like.

http://www.uscourts.gov/uscourts/RulesAndPolicies/rules/BK_Forms_Official_2010/B_006E_0410.pdf

[Newtogame]

Post # of 30396


Pacer Filing from 8/2 Bankruptcy Court
District of Colorado
In re: Case No. 12-13815-ABC
United Western Bancorp, Inc. Chapter 7
Matrix Bancorp Trading, Inc.
Debtors CERTIFICATE OF NOTICE
District/off: 1082-1 User: turnerp Page 1 of 2 Date Rcvd: Jul 31, 2013
Form ID: pdf904 Total Noticed: 8
Notice by first class mail was sent to the following persons/entities by the Bankruptcy Noticing Center on
Aug 02, 2013.
db +Matrix Bancorp Trading, Inc., 12301 Grant Street, Suite 110, Denver, CO 80241-3130
db #+Matrix Funding Corp., 12301 Grant Street, Suite 110, Thornton, CO 80241-3130
db #+United Western Bancorp, Inc., 12301 Grant Street, Suite 110, Thornton, CO 80241-3130
aty +Jared S. Roach, Reed Smith, LLP, 225 Fifth Avenue, Pittsburgh, PA 15222-2716
cr +700 17th Street Operating LLC, c/o The Law Offices of Theodore W. Brin, 1601 Blake Street,
Suitre 305, Denver, CO 80202-1341
intp +JPMorgan Chase Bank, N.A., c/o Skadden Arps Slate Meagher & Flom, 155 N. Wacker Drive,
Chicago, IL 60606-1720
cr +Vincent E. Rhynes, 513 W. 159th St., Gardena, CA 90248-2411
Notice by electronic transmission was sent to the following persons/entities by the Bankruptcy Noticing Center.
cr +E-mail/Text: [e-mail] Aug 01 2013 00:19:00 M. Stephen Peters, 5310 Ward Road,
Suite G-07, Arvada, CO 80002-1829
TOTAL: 1
***** BYPASSED RECIPIENTS *****
NONE. TOTAL: 0
Addresses marked ’+’ were corrected by inserting the ZIP or replacing an incorrect ZIP.
USPS regulations require that automation-compatible mail display the correct ZIP.
Addresses marked ’#’ were identified by the USPS National Change of Address system as requiring an update.
While the notice was still deliverable, the notice recipient was advised to update its address with the court
immediately.
I, Joseph Speetjens, declare under the penalty of perjury that I have sent the attached document to the above listed entities in the manner
shown, and prepared the Certificate of Notice and that it is true and correct to the best of my information and belief.
Meeting of Creditor Notices only (Official Form 9): Pursuant to Fed. R. Bank. P. 2002(a)(1), a notice containing the complete Social Security
Number (SSN) of the debtor(s) was furnished to all parties listed. This official court copy contains the redacted SSN as required by the
bankruptcy rules and the Judiciary’s privacy policies.
Date: Aug 02, 2013 Signature:
Case:12-13815-ABC Doc#:353 Filed:08/02/13 Entered:08/02/13 22:51:32 Page1 of 3
_____________________________________________________________
District/off: 1082-1 User: turnerp Page 2 of 2 Date Rcvd: Jul 31, 2013
Form ID: pdf904 Total Noticed: 8
The following persons/entities were sent notice through the court’s CM/ECF electronic mail (Email)
system on July 31, 2013 at the address(es) listed below:
Alan K. Motes on behalf of U.S. Trustee US Trustee [e-mail]
Angela D. Dodd on behalf of Interested Party Angela Dodd U.S. Securities & Exchange Commission
[e-mail], [e-mail]
Brendon C. Reese on behalf of Creditor State Of Colorado Department Of Revenue
[e-mail]
David Warner on behalf of Debtor United Western Bancorp, Inc. [e-mail],
[e-mail];[e-mail]
David Warner on behalf of Debtor Matrix Bancorp Trading, Inc. [e-mail],
[e-mail];[e-mail]
David Warner on behalf of Debtor Matrix Funding Corp. [e-mail],
[e-mail];[e-mail]
Ethan Birnberg on behalf of Creditor First Citizens Bank and Trust Company
[e-mail], [e-mail];[e-mail]
Harvey Sender on behalf of Debtor United Western Bancorp, Inc. [e-mail]
Harvey Sender on behalf of Debtor Matrix Bancorp Trading, Inc. [e-mail]
Harvey Sender on behalf of Debtor Matrix Funding Corp. [e-mail]
Jarrod Martin on behalf of U.S. Trustee US Trustee [e-mail]
Jeffrey M. Lippa on behalf of Interested Party Directors and Officers [e-mail],
[e-mail]
Jessica Kumar on behalf of Interested Party JPMorgan Chase Bank, N.A.
[e-mail]
Joel Laufer on behalf of Creditor Nicholson Enterprises, Inc. [e-mail]
Joel Laufer on behalf of Creditor Stage Coach Investments, LLC [e-mail]
John F. Young on behalf of Creditor Federal Deposit Insurace Corporation, as Receiver for
United Western Bank [e-mail],
[e-mail];[e-mail]
Kimberley Haines Tyson on behalf of Trustee Simon E. Rodriguez [e-mail],
[e-mail];[e-mail]
Maria J. Flora on behalf of Creditor BuckleySandler, LLP [e-mail],
[e-mail]
Matthew D. Skeen on behalf of Creditor M. Stephen Peters [e-mail]
Paul G. Urtz on behalf of Creditor Clover Partners, L.P. [e-mail]
Paul G. Urtz on behalf of Creditor MHC Mutual Conversion Fund, L.P.
[e-mail]
Regina Ries on behalf of Debtor Matrix Bancorp Trading, Inc. [e-mail],
[e-mail];[e-mail]
Regina Ries on behalf of Debtor Matrix Funding Corp. [e-mail],
[e-mail];[e-mail]
Regina Ries on behalf of Debtor United Western Bancorp, Inc. [e-mail],
[e-mail];[e-mail]
Robert A. McDermott on behalf of Creditor City & County of Denver
[e-mail]
Simon E. Rodriguez [e-mail], [e-mail]
Theodore Brin on behalf of Creditor 700 17th Street Operating LLC [e-mail],
[e-mail]
US Trustee [e-mail]
TOTAL: 28
Case:12-13815-ABC Doc#:353 Filed:08/02/13 Entered:08/02/13 22:51:32 Page2 of 3
Don't mean to be a pain in your arse
New

[Newtogame]

Pacer Filing from 8/2 Bankruptcy Court
District of Colorado
In re: Case No. 12-13815-ABC
United Western Bancorp, Inc. Chapter 7
Matrix Bancorp Trading, Inc.
Debtors CERTIFICATE OF NOTICE
District/off: 1082-1 User: turnerp Page 1 of 2 Date Rcvd: Jul 31, 2013
Form ID: pdf904 Total Noticed: 8
Notice by first class mail was sent to the following persons/entities by the Bankruptcy Noticing Center on
Aug 02, 2013.
db +Matrix Bancorp Trading, Inc., 12301 Grant Street, Suite 110, Denver, CO 80241-3130
db #+Matrix Funding Corp., 12301 Grant Street, Suite 110, Thornton, CO 80241-3130
db #+United Western Bancorp, Inc., 12301 Grant Street, Suite 110, Thornton, CO 80241-3130
aty +Jared S. Roach, Reed Smith, LLP, 225 Fifth Avenue, Pittsburgh, PA 15222-2716
cr +700 17th Street Operating LLC, c/o The Law Offices of Theodore W. Brin, 1601 Blake Street,
Suitre 305, Denver, CO 80202-1341
intp +JPMorgan Chase Bank, N.A., c/o Skadden Arps Slate Meagher & Flom, 155 N. Wacker Drive,
Chicago, IL 60606-1720
cr +Vincent E. Rhynes, 513 W. 159th St., Gardena, CA 90248-2411
Notice by electronic transmission was sent to the following persons/entities by the Bankruptcy Noticing Center.
cr +E-mail/Text: [e-mail] Aug 01 2013 00:19:00 M. Stephen Peters, 5310 Ward Road,
Suite G-07, Arvada, CO 80002-1829
TOTAL: 1
***** BYPASSED RECIPIENTS *****
NONE. TOTAL: 0
Addresses marked ’+’ were corrected by inserting the ZIP or replacing an incorrect ZIP.
USPS regulations require that automation-compatible mail display the correct ZIP.
Addresses marked ’#’ were identified by the USPS National Change of Address system as requiring an update.
While the notice was still deliverable, the notice recipient was advised to update its address with the court
immediately.
I, Joseph Speetjens, declare under the penalty of perjury that I have sent the attached document to the above listed entities in the manner
shown, and prepared the Certificate of Notice and that it is true and correct to the best of my information and belief.
Meeting of Creditor Notices only (Official Form 9): Pursuant to Fed. R. Bank. P. 2002(a)(1), a notice containing the complete Social Security
Number (SSN) of the debtor(s) was furnished to all parties listed. This official court copy contains the redacted SSN as required by the
bankruptcy rules and the Judiciary’s privacy policies.
Date: Aug 02, 2013 Signature:
Case:12-13815-ABC Doc#:353 Filed:08/02/13 Entered:08/02/13 22:51:32 Page1 of 3
_____________________________________________________________
District/off: 1082-1 User: turnerp Page 2 of 2 Date Rcvd: Jul 31, 2013
Form ID: pdf904 Total Noticed: 8
The following persons/entities were sent notice through the court’s CM/ECF electronic mail (Email)
system on July 31, 2013 at the address(es) listed below:
Alan K. Motes on behalf of U.S. Trustee US Trustee [e-mail]
Angela D. Dodd on behalf of Interested Party Angela Dodd U.S. Securities & Exchange Commission
[e-mail], [e-mail]
Brendon C. Reese on behalf of Creditor State Of Colorado Department Of Revenue
[e-mail]
David Warner on behalf of Debtor United Western Bancorp, Inc. [e-mail],
[e-mail];[e-mail]
David Warner on behalf of Debtor Matrix Bancorp Trading, Inc. [e-mail],
[e-mail];[e-mail]
David Warner on behalf of Debtor Matrix Funding Corp. [e-mail],
[e-mail];[e-mail]
Ethan Birnberg on behalf of Creditor First Citizens Bank and Trust Company
[e-mail], [e-mail];[e-mail]
Harvey Sender on behalf of Debtor United Western Bancorp, Inc. [e-mail]
Harvey Sender on behalf of Debtor Matrix Bancorp Trading, Inc. [e-mail]
Harvey Sender on behalf of Debtor Matrix Funding Corp. [e-mail]
Jarrod Martin on behalf of U.S. Trustee US Trustee [e-mail]
Jeffrey M. Lippa on behalf of Interested Party Directors and Officers [e-mail],
[e-mail]
Jessica Kumar on behalf of Interested Party JPMorgan Chase Bank, N.A.
[e-mail]
Joel Laufer on behalf of Creditor Nicholson Enterprises, Inc. [e-mail]
Joel Laufer on behalf of Creditor Stage Coach Investments, LLC [e-mail]
John F. Young on behalf of Creditor Federal Deposit Insurace Corporation, as Receiver for
United Western Bank [e-mail],
[e-mail];[e-mail]
Kimberley Haines Tyson on behalf of Trustee Simon E. Rodriguez [e-mail],
[e-mail];[e-mail]
Maria J. Flora on behalf of Creditor BuckleySandler, LLP [e-mail],
[e-mail]
Matthew D. Skeen on behalf of Creditor M. Stephen Peters [e-mail]
Paul G. Urtz on behalf of Creditor Clover Partners, L.P. [e-mail]
Paul G. Urtz on behalf of Creditor MHC Mutual Conversion Fund, L.P.
[e-mail]
Regina Ries on behalf of Debtor Matrix Bancorp Trading, Inc. [e-mail],
[e-mail];[e-mail]
Regina Ries on behalf of Debtor Matrix Funding Corp. [e-mail],
[e-mail];[e-mail]
Regina Ries on behalf of Debtor United Western Bancorp, Inc. [e-mail],
[e-mail];[e-mail]
Robert A. McDermott on behalf of Creditor City & County of Denver
[e-mail]
Simon E. Rodriguez [e-mail], [e-mail]
Theodore Brin on behalf of Creditor 700 17th Street Operating LLC [e-mail],
[e-mail]
US Trustee [e-mail]
TOTAL: 28
Case:12-13815-ABC Doc#:353 Filed:08/02/13 Entered:08/02/13 22:51:32 Page2 of 3
____________________
Sorry to be a pain in your arse

New___________________________________________

[56Chevy]

Hey New

Show me where FCNCA is listed a creditor. I'm not saying it's not true...but show me. Provide the doc. I want to see how they're listed and the details.

But for right now New its important for you to forget all the conspiracy theories and baseless opinions that have been swirling around on Ihub for the past 3 years...and just allow some verifiable explanations to present themselves.

I've explained The Loss Sharing Agreement (LSA) connection before...but aside from the main purpose of an LSA they also do something else in that they form a temporary union between the bank that had their assets seized (UWBK) - the bank that acquired those assets (FCNCA) - and the agent that brought them together (FDIC)...and that LSA exclusivley tethers these 3 entities together for up to 10 years.

With or without an LSA the FDI Act of 1950 means the FDIC will be UWBK's judge and jury. It should be no surprise that the FDIC is in complete control of not only the recievership of the Bank but the BK process of the holding company end to end as well. The FDIC had legal authority here long before United Western was ever a bank... and the fact that the FDIC is driving this bus should not be looked upon as 'strange' or 'uncommon' or 'illegal' as many have asserted on Ihub...it's actually the law that they fill that role. The FDIC is a United States government corporation.

When UWBK decided to file BK...that meant FCNCA would be there too. If there was no LSA FCNCA could care less what UWBK does or where they go but the LSA keeps them bound together - hence why FCNCA requested to receive court notices involving UWBK. If they were trying to hide their interest in this case (to conceal what some think is proof of guilt) they wouldn't have publically requested to be notified when court docs came out...they could have privately read the docs the same way you and I do.

You simply cannot 'read between the lines' here New and assign a hidden meaning to it all just on the basis you see "linkage" between these 3 parties. The linkage you see SHOULD be there... its normal. What isn't normal is the lack of linkage supporting a settlement or a STIP or CSSA or whatever.

Not one shred of evidence supports a windfall for common equity holders from any source what-so-ever. No smoke...no fire.

FCNCA said in its last 10-K:

BancShares and various subsidiaries have been named as defendants in legal actions arising from their normal business activities in which damages in various amounts are claimed. BancShares is also exposed to litigation risk relating to the prior business activities of banks from which assets were acquired and liabilities assumed in the various FDIC-assisted transactions. Although the amount of any ultimate liability with respect to such matters cannot be determined, in the opinion of management, any such liability will not have a material effect on BancShares’ consolidated financial statements.

<page 101>

https://www.firstcitizens.com/pdfs/bancshares/2013-annual-report.pdf

P.s. The UWB deficit stands at $266MM...which means the FDIC has a claim for that much and possibly more before thsi is over. Every penny recovered from any source will go to the FDIC up to $266MM dollars. That's alot of pennies...no?

[Newtogame]

Good morning Chevy!

Can you explain why First Citizens Bank is listed as a creditor and receives notices from the BK Court for the UWBKQ bankruptcy ?

New

[elcheepo]

I got a restriction placed on my posting ... For this!
I did see him buy some white out and a pencil today.... And we all thought he was illiterate and wouldn't leave his moms basement.

Meanwhile he posts of how dumb longs are....this board is really biased and subjective, IHUB admin should be ashamed of themselves.

[elcheepo]

Excellent TR... What's hot?

[tradersrule]

Hey Cheeps... I just basically peruse the boards looking for stocks ppl are chattering about, then I check the chart to see which are IMO good technical entries, then I go to the stock's message board to find out what the 'story' is...if any.

[elcheepo]

I like your picks as of late... What or where do you get your qualifiers?

[tradersrule]

Yeah....he's a PITA

[elcheepo]

Uh oh.... Clay trader just posted on DEWM.... You know what that means... Down she goes... L OL

[tradersrule]

Hey buddy....
I've been in and out of that one. Last in at 0205 and out at 0292.
Will be back in at some point I imagine

[elcheepo]

Hey TR, why you leave DEWM?

[tradersrule]

Cheepo buddy....check out DEWM. HUGE opp here.
Great chart and story!

[$27]

?