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Its been the same for years.. $1,000,000,000 /total outstanding- 305,778 = $3270/share
..and $1bill is nothing for these companies! imo
$SECI
OFFICERS, DIRECTORS AND FIVE PERCENT SHAREHOLDERS
Common
Peric DeAvila 11,391 3.72%
Laurence Madison 10,896 3.56%
Sector 10 Holdings, Inc. 151,616 49.58%
All officers and Directors as a Group (2) Persons (2) 22,287 7.28%
Including officer, directors and 5% shareholder 173,903 56.86%
Total outstanding- 305,778
https://www.otcmarkets.com/stock/SECI/profile
$SECI $$$$$
OS 305,000///float 175,000??? Multi billion dollar company overnight possibility. Considering the Billions stolen from the patent and technology. Settlement could be Billions plus royalties.... The Jury could award more
I feel it will be a one-time dividend as well. I can't see $SECI continuing with this ticker after the pay-out, unless there will be on-going royalties and/or a new on-going business for the company..
Nothing about the OTC is real unless its in an official PR or an 8k signed off by the Management of the company involved
My "Concept Speech" is what "I" want to come out as an official PR
Im hoping the settlement was an ALL CASH transaction and a dividend will be Managements course of action
300mill= $981/share & 750mill= $2452/share :) $SECI
Consider This: I highly doubt it would be that high. I would estimate anywhere between 300,000,000. and 750,000,000. Just my opionion.
Its not easy for companies to just cough up 1 Billion Dollars... also consider a large part of this settlement will not only be a monitory settlement but also revenues of millions of dollars a year in Royalties. SECI may be moving to Nasdaq soon. IMO
Yes, you did start by saying.. "I got this Pericles" .. so I read it that way as well ;)
Carjockey2, I agree! Great DD on this company.. $CNGT
Agreed.
>>> I anticipate a strong push on Monday. News on the merger may move this as it did $INNO, which is a recent reverse merger play that ran from sub penny to $0.185. These things tend to repeat themselves to some extent here in OTC LAND.
Exactly why I am playing both stocks...
daman45, I stickied your post! Thanks again for the TRUE clarification of the settlement!
Respectfully, there are a few problems with that interpretation of the court filings. First....the "settlement conference" your post refers to is AKA the pre-trial conference, which was CANCELLED. The 4 day bench trial was also cancelled. Reason: Case was SETTLED. The Judge in this case did not....and would not have taken it upon herself to dismiss the case with prejudice prior to the pre-trial conference and 4 day bench trial in which all evidence would be heard. It just does not work that way. It was the defendant who filed a STIPULATED MOTION TO DISMISS (which followed the motion from the plaintiff to classify all documents as private being granted by the Judge.....THIS WAS THE SETTLEMENT). In a "stipulated motion to dismiss" BOTH the PLAINTIFF and the DEFENDANT must agree to the motion for the Judge to NOT issue a judgement AGAINST THE DEFENDANT. Thus, the Judge did not make any ruling here, both parties themselves agreed to the motion to dismiss. Why? Settlement. I have been through many of these kinds of cases. The legalese to me is like reading the morning newspaper. Shareholders WILL see SETTLEMENT.....and it will be substantially higher than where we are now.
daman45, AMAZING!! Thanks for this!!! $SECI $$$
Respectfully, there are a few problems with that interpretation of the court filings. First....the "settlement conference" your post refers to is AKA the pre-trial conference, which was CANCELLED. The 4 day bench trial was also cancelled. Reason: Case was SETTLED. The Judge in this case did not....and would not have taken it upon herself to dismiss the case with prejudice prior to the pre-trial conference and 4 day bench trial in which all evidence would be heard. It just does not work that way. It was the defendant who filed a STIPULATED MOTION TO DISMISS which followed the motion from the plaintiff to classify all documents as private being granted by the Judge.....THIS WAS THE SETTLEMENT). In a "stipulated motion to dismiss" BOTH the PLAINTIFF and the DEFENDANT must agree to the motion...for the Judge to NOT issue a judgement AGAINST THE DEFENDANT. Thus, the Judge did not make any ruling here.....both parties themselves agreed to the motion to dismiss. Why? Settlement. I have been through many of these kinds of cases. The legalese to me is like reading the morning newspaper. Shareholders WILL see SETTLEMENT.....and it will be substantially higher than where we are now.
luke424, you agree 100% correct! $SECI finally got what they deserved!
Pericles, CEO of SECI, wanted Big Bucks for 11 years. After 11 years, the Defendant agreed to his demands. He settled and no more Lawsuit.
I love it. Plain & Simple! :)
$$$$ SECI
TradingBabyishere, I would guess somewhere between $1000-$4000/share.. $SECI
So the question becomes, how much are people willing to pay for all these golden tickets I have?!?!?
crabclamjohn, yes it will! Many millionaires will be minted here! imo $SECI
This should be a huge settlement!
Hesmybrother, the payout announcement will be EPIC!!! $SECI $$$
M
y First Post and buy here was Sept 20 2018
Post 2405
Cant remember how many shares I started with but I know I sold them for nice profits somewhere around 50 bucks a share back then and since have accumulated a nice pocketful with Profits from other trades
Big Thanks once again to CarJockey for peaking my interest in this one way back then
Onwards and upwards from here......might let a few go at $10k/share but will most likely hold the Bulk of my shares for the payout announcement
I dont care how much snow is on the ground on Dec 25th....I'll be having a very GREEN Christmas this year
stockfan100, agreed! $SECI $$$
Correct. Court cannot mention anything about a settlement because the settlement is OUT OF COURT all the time. The only thing that court can do is to dismiss the case because the case is already settled by PARTIES as court filing mentioned a few times.
Quote:It may be that the court couldn’t mention settlement amount in court Documents.
JEB1958, Agreed! $SECI $$$
Don't think $SECI would of settled paying attorney fees unless they were covered in the settlement fees. Hmm?? Thoughts?
prospector777x3, BINGO!!! $SECI $$$ Is it Monday yet???!?!!?
Puzzle Solved read highlighted text:
Direct from Case Docket: End verbage from case docket that was emailed to me:
10:02 AM Ms. Porter presents argument on the motion.
10:16 AM Mr. Bergman with response.
10:34 AM Mr. Rahmeier with response.
10:40 AM Mr. Bledsoe with response.
10:41 AM Ms. Porter with reply.
10:53 AM The Court takes the matter under advisement and
will issue an oral ruling.
10:56 AM First, the Court notes that Sector 10
misinterprets and misconstrues the Court's oral ruling and
the written memorialization of that ruling on Defendants'
motions for summary judgment in October 2018 and February
2019. The Court considered all of the Defendants'
briefing. as well as Sector 10's responses thereto, and
granted all of the Defendants' motions for summary judgment
on the trade secret issues and related claims, and its
ruling was not solely with respect to Dutro's motion for
summary judgment. The Court declines to exercise
discretion to reconsider its prior rulings on the summary
judgment motions because (1) the matter is not being
presented in a new or different light, (2) there has not
been a change in the governing law, (3) there has not been
the discovery of new evidence, and (4) the Court does not
have a conviction that the prior decision was clearly
erroneous based upon the record and arguments made before
it on the motions for summary judgment in October 2018, and
Sector 10 either did or could have raised the arguments at
that time. Therefore, for the reasons set forth on the
record, which are incorporated herein by reference, the
Court denies the motion to reconsider.
This is the Order of the Court.
09-29-2020 Filed order: ORDER DENYING MOTION TO RECONSIDER
Judge KARA PETTIT
Signed September 29, 2020
09-30-2020 Filed: Return of Electronic Notification
10-05-2020 Minute Entry - PRETRIAL/STATUS CONFERENCE
Judge: KARA PETTIT
Clerk: katherf
TELEPHONE CONFERENCE
10-29-2020 11:26 AM Page 58 of
CASE NUMBER: 119907606 Debt Collection
59
Defendant's Attorney(s): AARON BERGMAN
Audio
Tape Number: W35 Tape Count: 3:37-3:40
HEARING
3:37 PM The above-entitled case comes before the Court for
a telephonic pretrial conference to discuss trial.
Counsel make appearances for the record.
The Court informs parties that the case will not proceed
in-person at this time due to the pandemic.
Counsel provide update. Parties are attempting to resolve
the case, offer made by Sector 10.
3:40 PM Court in recess.
10-14-2020 Filed order: Order Granting Trial Plaintiffs Motion to Classify
Documents as Private
Judge KARA PETTIT
Signed October 14, 2020
10-14-2020 Filed: Return of Electronic Notification
10-21-2020 Filed: Motion: Stipulated Motion for Dismissal With Prejudice
Filed by: JOEL A BASS
10-21-2020 Filed: Order (Proposed) Granting Stipulated Motion for
Dismissal With Prejudice
10-21-2020 Filed: Return of Electronic Notification
10-21-2020 Filed order: Order Granting Stipulated Motion for Dismissal
With Prejudice
Judge KARA PETTIT
Signed October 21, 2020
10-21-2020 FINAL PRETRIAL CONFERENCE Cancelled
Reason: Case has been settled.
10-21-2020 4 DAY BENCH TRIAL Cancelled
Reason: Case has been settled.
10-21-2020 Case Disposition is Dismsd w prejudice
Disposition Judge is KARA PETTIT
10-21-2020 Filed: Return of Electronic Notification
StockRoomBully, 100% agree! $SECI $$$
IF management was smart they would halt trading on Monday before the crowd pump the price and cause suspicions. WHO didnt get in before Friday oooch .. Lets see how management go about this. Shares float crazy low
All Rise, The Court is now in session
The Court informs parties that the case will not proceed in-person at this time due to the pandemic.
Counsel provide update. Parties are attempting to resolve the case, offer made by Sector 10. WIN
3:40 PM Court in recess.
10-14-2020 Filed order: Order Granting Trial Plaintiffs Motion to Classify Documents as Private
Judge KARA PETTIT
Signed October 14, 2020
10-14-2020 Filed: Return of Electronic Notification
10-21-2020 Filed: Motion: Stipulated Motion for Dismissal With Prejudice
Filed by: JOEL A BASS
10-21-2020 Filed: Order (Proposed) Granting Stipulated Motion for
Dismissal With Prejudice
10-21-2020 Filed: Return of Electronic Notification
10-21-2020 Filed order: Order Granting Stipulated Motion for Dismissal With Prejudice
Judge KARA PETTIT
Signed October 21, 2020
10-21-2020 FINAL PRETRIAL CONFERENCE Cancelled
Reason: Case has been settled. WIN
10-21-2020 4 DAY BENCH TRIAL Cancelled
Reason: Case has been settled.
WIN
10-21-2020 Case Disposition is Dismsd w prejudice
Disposition Judge is KARA PETTIT
10-21-2020 Filed: Return of Electronic Notification
prospector777x3, you're 100% accurate! Can't wait for Monday! $SECI $$$
Your confusing the case with the denial to reconsider (regarding discovery). The denial was not for the case! The case proceeded forward and 5 days later both parties advised the court that they were trying to resolve (settle) the case.
Why would the judge listen to such nonsense if the case was dismissed at this point?
$1,000,000,000 /total outstanding- 305,778 = $3270/share
..and $1bill is nothing for these companies! imo
$SECI
OFFICERS, DIRECTORS AND FIVE PERCENT SHAREHOLDERS
Common
Peric DeAvila 11,391 3.72%
Laurence Madison 10,896 3.56%
Sector 10 Holdings, Inc. 151,616 49.58%
All officers and Directors as a Group (2) Persons (2) 22,287 7.28%
Including officer, directors and 5% shareholder 173,903 56.86%
Total outstanding- 305,778
https://www.otcmarkets.com/stock/SECI/profile
$SECI $$$$$
OS 305,000///float 175,000??? Multi billion dollar company overnight possibility. Considering the Billions stolen from the patent and technology. Settlement could be Billions plus royalties.... The Jury could award more
Hold.. MASSIVE beyond belief payout coming! $SECI $$$
Very well could be! All the best to you..
Agreed! I think we start seeing jumps over $100+ next week.. this is a golden ticket for all holders! $SECI
Saweet! Bring it $SECI !!!!
Sooooo sensitive! LOL!!!!! Go $VDRM
Added just under 2mill shares on the dip before the close.. lets see what next week brings!! $CNGT
More realistic is $500mill-$1bill imo $SECI
$1,000,000,000 /total outstanding- 305,778 = $3270/share
..and $1bill is nothing for these companies! imo
$SECI
OFFICERS, DIRECTORS AND FIVE PERCENT SHAREHOLDERS
Common
Peric DeAvila 11,391 3.72%
Laurence Madison 10,896 3.56%
Sector 10 Holdings, Inc. 151,616 49.58%
All officers and Directors as a Group (2) Persons (2) 22,287 7.28%
Including officer, directors and 5% shareholder 173,903 56.86%
Total outstanding- 305,778
https://www.otcmarkets.com/stock/SECI/profile
$SECI $$$$$
OS 305,000///float 175,000??? Multi billion dollar company overnight possibility. Considering the Billions stolen from the patent and technology. Settlement could be Billions plus royalties.... The Jury could award more
Yes I believe so.. vdrm days maybe?? or seci??
Correct.. that's good news $CBBT