Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What's there to prepare? Answer is "no reason".
UNSEALING!!!
Negatively slanted to disparage and turn public opinion against Mnuchin. No mention of Scotus so people only see the "disrupt the nation's financial system" instead of the illegality crime by Democrats that started all this.
People won't be so upset if they know the true history of how FnF came to be under conservatorship ILLEGALLY.
And Calabria. They will have to be smart and brave.
Yellen could start to threaten Mnuchin today.
Biden people in panic mode means recap and release in super express mode.
https://home.treasury.gov/news/press-releases/sm1190
This will allow Congress to re-appropriate $455 billion, consisting of $429 billion in excess Treasury funds for the Federal Reserve facilities and $26 billion in unused Treasury direct loan funds,” said Secretary Steven T. Mnuchin.
Does Congress get to have a say in the release with funds?
How much for each of the Fs if done correctly?
Yes, Biden the "P-elect" already appointed a Treasury Sec. The game is on. Mnuchin doesn't have a lot of time. This goes down to the wire.
Could SCOTUS order immediate release or will that take time?
I was thinking of helium, actually. Then I bought this last Friday.
Could this tank? I don't want to think about helium again.
Will this tank like FAANG?
Ohhh.....so maybe that's how some of the billions could have come back to FnF - through the banks. Hmmmm.....
That's it? Where's Bill Ackman?
Hey, nothing personal taken.
I bet the foreign technology transfer section was one of those the Chinese deleted from the agreed trade pact. They know they stole to get their advances today and has to continue stealing to keep up.
If Lightbridge was dumb enough to file in China it's as good as giving away the trade secret.
At least make them take the effort to fly someone to the US to steal or pay someone to hack.
Worldwide patent? Including China? Then no problem! There's always the Chinese to make it cheaper for everyone.
Ohhh...dropped again? Investors are so screwed. What a mistake it was to buy this company.
Many saw it. May have to ask Twitter to retrieve the deleted quote.
Is that destruction of evidence? Glenn Laker screwed us over.
if not a lawsuit then if this is brought to the SEC's attention, what can happen from there?
How about the SEC? Dealt with them before?
I believe I was misled by Glenn Laken about what CMGO could get as the settlement amount with his tweets that were encouraging to investors. When the actual settlement amount was revealed as shockingly so much lower than expected I suffered losses and am not happy. I am not the only one.
And now that we know Glenn Laken was aware the expected settlement by investors was far above the actual and will disappoint tremendously, his upbeat tweets just before the revelation were clearly misleading.
Below is a suggested law firm to litigate CMGO. I found them from random searches and am not associated with them. I have suffered losses in other shares but never felt compelled to even consider a class action knowing we take risks, but this time it is different given how the investment decision came from the CEO's positive tweets, which turned out to be otherwise.
~
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
www.zlk.com
Yep. Agree. You put it perfectly.
OTC counters are overseen by the SEC as well? I just feel like some authority should be notified about what happened at CMGO but not sure how it works.
I hope a law firm jumps in with a class action suit.
What's more the lawsuit was for $200M of damages. He was the one who filed that! This is public information. And Glenn Laken knew what the final settlement was. He had foreknowledge. He had to sit on that information because of OTC rule so it's not like he finds out along with all investors. Yet he could tweet 'very favorable' in his message to investors.
To say 'very favorable' given the highly claimed $200M damages and the final settlement of $2.75M was a world apart that destroyed the share value.
He is at best in remiss, at worst criminally liable for investors' losses. Nowhere in this disclosure event has he been a 'CEO of high character'.
Glenn Laken should be sued in a class action.
Glenn Laken should get his own RICO. He's a criminal and that tweet and the diametric aftermath was the proof.
Good luck with this "CEO of high character". His pre-reporting tweets alluded to very positive news but ended up with incredibly bad news. He ought to know better so likely had an agenda he kept to himself.
Moreover he was the only one to make risk-free money out of this whole saga and shareholders got left twisting in the wind.
Once a fraudster always a fraudster.
Glenn Laken gonna get some serious karma from this.
Once a fraudster, always a fraudster.
The person who posted his past was doing everyone a last minute favour. Thank you!
Glenn Laken could do with a RICO Act all for himself.
Not sure how Glenn Laken is going to look them in the eyes again. These 'criminals' must had a thigh-slapping laugh at him.
RICO and just pays installment of $60K a month?
How much does Hudson Gray get to keep for themselves?
$20m may be faked to sucker investors. No reference to that supposed offer.
From hero to zero....surprised that not more are cursing Glenn Laken.
Who's buying? Seems like a lot. Taking advantage of the misery, of course, but sure is a lot of buying.
"No matter what anyone says on these boards, it is clear and obvious, that we have a strong CEO of high character and will. Not many men would have taken on this herculean task, and with that being said, here we are with CMGO alive and with great prospects. All of this crap was dumped on him within his first month as CEO, yet he has carried on.
Tremendous potential thanks to Glenn Laken, CEO and Co.
Cheers...
Long "
Beer for everyone here, Mike.
OK. We'll know soon.