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Sunday, 11/30/2014 12:32:34 PM

Sunday, November 30, 2014 12:32:34 PM

Post# of 30354
I have had a chance to discuss with Robert and here is the low down.

Fact 1. Global has re-filed a law suit 4 times before they were able to finally get something to move forward against empyream. US Fuel is additionally named and they are trying to collect approx. 42million dollars. What the law suit is in reality no one knows but US Fuel will have to defend the allegations.

Fact 2. It will take approx. 2 years to get to trial of which we would win but it will take 2 years. Then you have to assume that global will appeal the decision. So now we are looking at 3-3.5 years to conclusion.

Fact 3. Finra will not let US Fuel trade until lawsuit is concluded.

Fact 4. Global in their pleadings bragged / boasted / patted their back that they were the ones to get the 12J initiated by the SEC which then removed the companys ability to raise funds.

Fact 5. And the clincher. It will cost approx. 2-2.5 million doillars to litigate against global over the projected next 3-3.5 years to its final conclusion.

Fact 6. Who in your opinion is going to front 2-2.5 million dollars for frivolous litigation. Not Robert, Not anyone in their right mind.

So in conclusion maybe you should focus your frustrations on Global. I for one told Robert he is an idiot if he even thought of raising and throwing 2 million plus out the window for nothing. Not that he could raise that kind of cash for frivolous litigation.

My friends we have been financial screwed by Global. Tie everything up in litigation and suck us dry on legal fees. Oldest trick in the book.



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