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No idea...then there are desking trades, net settlements and overseas shorts not factored in...Alan would have to get his TA working on the duplicated (missing) shorts to calculate the figure...I would think Alan has a ball park idea but we won't get that number..IMO
Looks like someone's pounding this...Take a close look at the monthly shorts...
Shares are assets...
Hey RRM...You're right they did reject it..
Just tell me what the heck you were thinking? Was it a bad night or something? Have you figured out what that message could do?
What were you thinking? I would bet a ton that at least 3 CEO's have that headed towards their lawyers.
I understand the need to gloat but you are forgetting a few things. The Trustee is not the Attorney General and their functions are completely different. This is not an indictment by the AG but a motion by the Trustees Office for the Judge to hear these items and make a judgement. This filing clearly lays out "ALL" of the issues claimed by the Murphy Legal Team. Now Turek's Legal Team has the first real opportunity to address each issue thoroughly and completely. This has not happened until the Trustees filing.
Remember something else, Plasticon, ProMold and Semco are still doing business and the employees are still on the job.
The Trustee is trying to put to bed the allegations made by the Murphy Team in their Motion for Relief. Turek will have a chance to respond and put forth his defense and have his day in court and finish this one way or the other. On August 28th Plasticon will begin the process of their defense.
I am aware that the internal workings of the court room are private and that my post here is only my interpretation of the information described in the Pacer. It has been clear that on any given day either the Myurphy or Turek supporters have had reason to gloat. This looks like a 15 Round prizefight and it seems the fights not over.
Holy Crap shorts...I can't believe you put that in writing? Holy crap. I'm sitting here stunned...not that it is happening but that you would put that in writing...You know what's next I'm sure?
That's not an order for Chapter 7...Come on Shorts...
So you are claiming the Judge has now made this a Chapter 7 case?
Why am I not surprised shorts altered the Pacer? If your going to gloat at least keep it honest when you post Pacer filings and please do not alter...
Again shortsinthesand, please post the Pacer where it shows this is now a Chapter 7 without the selective editing.
Please cite the Pacer listing that changed this case to a Chapter 7 ?
I understand the need to gloat but you are forgetting a few things. The Trustee is not the Attorney General and their functions are completely different. This is not an indictment by the AG but a motion by the Trustees Office for the Judge to hear these items and make a judgement. This filing clearly lays out "ALL" of the issues claimed by the Murphy Legal Team. Now Turek's Legal Team has the first real opportunity to address each issue thoroughly and completely. This has not happened until the Trustees filing.
Remember something else, Plasticon, ProMold and Semco are still doing business and the employees are still on the job.
The Trustee is trying to put to bed the allegations made by the Murphy Team in their Motion for Relief. Turek will have a chance to respond and put forth his defense and have his day in court and finish this one way or the other. On August 28th Plasticon will begin the process of their defense.
I am aware that the internal workings of the court room are private and that my post here is only my interpretation of the information described in the Pacer. It has been clear that on any given day either the Myurphy or Turek supporters have had reason to gloat. This looks like a 15 Round prizefight and it seems the fights not over.
Yepper...but this isn't the goal of the Crew...something else is in their crosshairs...
Why would that shock you? It was almost as if Murphy's lawyers cut and pasted that document with the advice of the Crew who have been posting the same information again and again. We also read a bunch of it in the filings..
Come on shorts...you don't remember the Auction?
Turek hasn't even loaded his guns yet. Now that Murphy's Legal Team and consulting "Crew" have been beeched slapped it's Tureks turn to crank up the heat. You must be assuming he's going to take this takeover attempt lying down...Wrong!!
More to come...
Here come da Judge!!!...By deciding on the re-organization and getting an accurate share count. It's up to him how he does that but I suspect it won't be good for the Crew and will be good for current shareholders. Do you own any? Murphy shot his wad with not much impact at all and now it's Tureks turn to fire away...Lets see what ammo he has...More to come...
You like the term Flatline hey? I see you're using it on ETMO also...The Judge will determine the future chart here.
The game is reorganization....plus a few other possible surprises. What has Murphy won lately? If anyone flatlines it may be Murphy and the Crew.
.0002x.0003 13x1
No opposing view...Are you sure we're not talking PLNI on AB?
RRM...I heard over and over that a Chapter 11 was about Chapter 7 or empty claims of fraud. You mean it's not?
hahahahaha yepper...white knuckle time...hanging on for one last climb...hahahahah...Murphy shot his wad son...no more powder left...
Longs...You know if the Depositions had any smoking gun that the Shorties would be pounding away with...Turek this and Turek that!! I believe only Brandon Turek is left to depose? What could they be fishing for here?
Instead, the last best hope, other than the Stay, is if the Murphy "Brain Trust" can come up with another lame attempt at proving something that comes out of the imagination of the on deck inept legal team of Shorties. Maybe the SI legal site will indicate the next scam. It looks like Murphy will be traveling the same road as gutter the man by trusting this Crew. Funny but Sad!!!!
The statement below is the only thing the Shorts can come up with after a Turek "Clean Sweep" yesterday. They all have white knuckles now hanging on for dear life. After the brain trust got together this is all they could come up with? It only applies if there is a Chapter 7...Never happen Shorty...Too Funny!
"Do you know what the one class *below* general unsecured creditor is? That's right: shareholder! They just cheered a ruling that demotes their standing even further. Too funny!"
So JSM...What did Murphy win lately? One step closer to what? Too Funny!!!
Yepper...I think the "Dream Murphy Legal Team" has pretty much shot their wad...Hey Rick..looks like the only thing left are the results of the depositions and the Stay on the 30th? Then back to the Golden Arches...ooopsss I mean Gateway...
Thank you...and good luck with your papers!
I never said this !!!! You were saying Turek was in trouble...I asked if he might leave the country if it was that bad? You interjected this not me...But since you brought it up?
"hey you said I left the country to escape criminal charges and avoid extradition...."
So you are backing off your outrageous claim? An apology is probably in order to Mr. Turek.
Shortsinthesand...Isn't this your quote? Please provide evidence of this outrageous claim!!!
"I AM SURE HE HAS MOVED MONeY OFF SHORE IMHO."
Please provide the evidence of this claim.
I thought we were talking about physically leaving the country? Do you know of anyone who had to leave the country because the law was after them? I guess that's usually drug dealers and coke heads and not CEO's? The drug scum of the earth I guess hey? Do they go to counties where the law can't extradite them?
You think it will be so serious that he runs to another country? I hear some people do that when the law is after them? Do you know anyone?
Much Larger...
Murphy wants to deny Blue Cross Blue Shield to the employees.
another BS filing by the Murphy/Pro Plas Legal Team...Murphy's true colors are getting very clear..
Why am I not surprised...Murphy really doesn't give a crap about his X-employees...
One other? Is it possible the Trustee can offer opinion on this issue? She gets her paycheck from the DOJ...yes?
Opinion...Does this mean the Judge is going to come up with a third scenerio in the form of an order? Do I have this right?
DISPOSITION:
Other
JUDGE'S NOTES:
new order tbs
Hey RRM...
These two as part of the objection are interesting. I wonder what Crew they are talking about when they say "another source"?
I wonder what Crew they are talking about when they say "independently developed"?
c. information that was or becomes available on a non-confidential basis from another source, provided that Pro Plas reasonably believe that such source is not prohibited from disclosing such information by a contractual, legal or fiduciary obligation to Debtor, its attorneys, agents or representatives;
d. information independently developed without reference to or reliance upon any information produced by Debtor or a third party in this case; and
Hey RRM...you think Monday's an important day? I first thought it was pretty standard until I saw Murphy's objection and arrogant statements. You'd think they were the Judge. They realize the Judge decides...Right? Maybe they don't? Part of that objection was just plain stupid on their part. It has a flavor of our favorite Crew giving advice again? Like the advice gutter man got. It should get interesting...what do you think?