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Huggy Bear

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Huggy Bear

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Re: DarthYoda post# 18097

Wednesday, 12/07/2016 9:00:38 AM

Wednesday, December 07, 2016 9:00:38 AM

Post# of 107737
It is not the role of the judge in Section 3(a)(10) exemption proceedings to decide if the debt is valid or legally able to be converted and sold to the market.

If there are no objections to the proposed settlement by either party (which of course there never is in these hijackings) the judge merely rubber stamps the settlement and the debt, legal or not, is converted into immediately available free trading shares which are then dumped on to the market.

The only thing the judge determined was if it was fair to both parties, and with no objections that is as far as the matter is reviewed at this level.
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