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...these boys have their "request" for a seal, sealed...........
...the s/holder committee can only act superficially and really gains nothing but visibility...................if we were to spring disclosure of the CSSA..............IF...........the SEC would probably freeze trading in the stock before any disclosure, imo..................and again, we have to put all documents thru Campy and Roddy and mary jo's grunts...............Tradeinman's 12-13 letter to Campy was somewhat effective...................but in the end.......................HARVEY'S FINAL POL is the last word.................................
...the case is not over..............yet..............
...personally, I'd like to make some NOISE before THE END of this Shakespearean TRAGEDY.........aimho......................
....NICOTINE-FREE CIGARETTES..........?????......wtf...........
...ALCOHOL-FREE Bombay Sapphire Gin......??????....see my point....
...the idiots who smoke cigarettes want NICOTINE........they are addicted to NICOTINE.............hello........????...........
...we just don't get professor pandolfino's latest scheme.............this ain't no $200MM company...........probably not worth $200............................and that would take into account those Norwegian boat boys who do funnies with RED SUN sticks....................ahem!!!!!!!!!!!!!!!............
...no thank you................................
...shareholder committee is in progress.........................
...might be of the shareholder "special rights" or "investigation" committee variety.......................boiler plate docs make the creation of a committee super easy...............we simply draft the documents...................
...only drawback - our adviser opined - is we need preliminary approval from the BK CT.....................= acknowledgement from the TRUSTEES (since one is the SEC - the SEC is on-board from the beginning)..............................the creation docs are created even if the BK CT or an opposition party (FDIC-R or other shareholders or "interested parties".....??????) challenges for some reason............
...so we are going to have a legal quagmire regardless...........but the effort will be made public and pressure Guy, the FDIC-R, frankie's federalists, billy blair and whoever else to get off the POT and close out the BK.............
...and ldk might find out about the shareholder committee and again threaten to BMA....................or even worse, sue me................ouch!!!!!!!!!.....................
...case is not over, btw................aimho...............all mine on this one, BENITO....................
....BENITO BANK.....CSSA.........FCNCA..............
...if there is a settlement........isn't this the way that the FASCIST PIGS would handle the matter.......???????........
...secrecy to keep the agreement out of the BK ESTATE.....no further litigation.........100% claim on all recoveries.......low-ball settlements with all claimants in the UWBI BK..........
...the FDIC/R did an impressive job of closing out this "case".......................5 smoking GUNS, remember..................and kiby d. behre I.............
...benito mussolini would opine hereon, had he an opportunity..........so this one is yours, benie............
......still circling fcnca - - cannot get clarity - - YET.......
...merger of the two holding/holding/holding (ahem!) companies makes sense from an efficiency standpoint - - the SEC will dig into the purpose and consequences....................
...frankie could drop $200MM into the UWBI "arrangement" as easily as dropping a turd during his morning DUMP...........and frankie would not have to share a bunk in Butner with bad boy BERNIE............all aspects completed within the cssa under seal..........UWBKQ folks get some walking away monies and all UWB recoveries going unchallenged to the FDIC-R.........easy stuff, frankie.........and frankie's holding company might get the $300MM worth of NOL's..............imagine that..........
...does frankie give opinions, larry.............??????.......if affirmative, then the aforementioned is frankie's...........
...D&O lawsuit.............................???????????????????......
...just asking, larry..........why would the fdic file a claim against $30K/yr. nobody clerks and risk opening up the entire SEIZURE.............????????...............
...we know the case is over, closed, and abandoned............but another dumb question: why is the s/p 3 pennies per, or 4......?????...............and not $0.0055............??????......
...and didn't we always believe genius and insanity were synonymous........????????............where did mr. mussolini fit in to that grid.............??????...........
.....did kirby d. behre even put up a fight.......?????.........
....."Chambers also has noted his "absolute ferociousness toward defense litigation."
...so wewonders..........amended POL in, say 3 years......??????....4........??????......................
...why does the SEC take on a role as co-TRUSTEE in a BK on a publicly-traded stock if the SEC just sits on its hands with no public statements whatsoever..........the SEC's service is disgraceful and worthless to shareholders.........imo.........
................................f/-bomb........................
case is over.....................................................
we never could verify that fcnca was involved in any cssa................cssa............??????............that we confirmed...................................
...Dude, kimmy did not know about the cssa when she spoke with you.....assuming she did on record..........she still probably has not seen it......................and kimmy sneaked in that denial when she responded to the shareholder letter................
...I'm not defending kimmy....but she is smaller than the squeek of a PIP.....................a nobody...........a B-grade attorney who represents one of the Trustees in a little bitty, teeny weeny, itsy bitsy, non-existent bankruptcy of a turd credit union that failed miserably...........................
...you might want to "get over it"....................suing kimmy is akin to throwing pebbles into the grand canyon in hopes of filling it up...............imo.............................
...making money is the GREAT REDEEMER....................buy up some UWBKQ at 3 pennies per and sell it at $1.25........DISCLAIMER: when the stock tanked after your kimmy posting, some artful folks loaded up at $0.0315 p/s..........I got carpel tunnel that day clicking my mouse and lowered my average p/s by a few pennies.......not to rub it in, but the situation was serious then and is serious now, imo....
...aimho.......................ldk, are you opining.........?????..............hello...............
...mary jo white heads the SEC....................
...the BIGS are a couple of PE funds up in the mountains which I associate with.......might own a few million shares, or more.....
...R-E-A-L-I-T-Y........................unlike the transgressions of UWBI and it's BK.......................
...for some reason, most, if not all of OUR - OUR questions go unanswered.................mind-boggling......maddening.........
...there are some "knowledgeable" folks who frequent two CC's in Denver.........................one is the 'cherry'.....creek.........the other is blue..............BIGTIME blue blood..............Denver CC...............................................problem is, if you 'hear' anything...............you can't buy UWBKQ............although you can't buy it regardless..........
...gotta disclaim this post as an opinion..................all mine...........................100%.....................
...why would TRUSTEE agree to delay a claim to the ITR....????....
...BK Trustees are required by law to claim every penny for the benefit of the claimants/creditors...........and yet Trustee #1, Roddy agreed IN ADVANCE to the FDIC-R's request to delay any decision on the ITR - - and further, asked that the decision be placed into the court with applicable jurisdiction.....???????..............WTF is that all about.....?????............
...our cute, petite legal counsel says re: ITR filings that "there is lots we don't see with all of this"......................oh really............lots of what.....??????.............ain't no money...............ain't nuthin'......................did frankie relieve himself today................??????............hello.......
...case is over............ITR.....??????...........who cares......????...............$200MM sealed settlement agreement..............??????..............so yesterday's news and no one gives a doggone....................get lost, fred..........you bore the f/ out of us......................BIGS guarantee $8 p/s..................mary jo's statement of record says $1.25 SD.........................whatever.............please go away, fred...............tyia............................
...trying to put together an options straddle assuming this "stock" is going to fall into disfavor............BIGTIME COLLAPSE........
...for example, we could sell a bunch of October "1's" for about $2.50................and buy up the 2.50 puts at 40 cents.....
...this bad boy gets outed and voila!.................close 'em out and start googling boat dealers down around Sarasote/Venice....48-footers........late model SeaRays..........hello...............
...we'll see...........................bet on the BUST...........
.....greater fool theory.....................................
...has always worked for me..................the key is an entry point..........with 22-C, had I bought in at 84 pennies p/s and dumped when professor pandolfino did at six bucks...................my new boat would have been circling Useppa Island at this very moment.......
....How-mother-f/ing-ever..................freddie did not have the anatomical ENDOWMENT when first introduced to the genetically-altered tobacco leaf MULCH MAKER...........................and missed a BIGTIME payola........still batting .402, btw.....
...onward and upward....................got a pile of dry powder at present........................just need some greed temptation..........
case is over....stock is worth nothing...................
get a life and move on..........................
....if the dogs don't EAT IT.........we don't EAT IT..............
...number one rule of investing...............and the dogs are not eating 22nd Century..................sorry.................
...as for the PINK PRINCESS....................best I can do is a rain check, at present.................and what did we ever decide on the hi-lites......................???????????...........
...anyhoot............put "stops" in at 3 bucks, 'cause when this charade stock falls.............................yes, deep in to the cistern with THAT CUTE BABY...............forgot her name........
...closure leaked....terms of settlement outed...................
...and the whole world lets out a BIG YAWN...................
...terms of settlement............did someone ask......??????........claimants 1-7 satisfied.......WOW.......breadline ticket #8 gets $40MM, net, to be distributed...............(BS/Emps = $20MM.....?????)........
...who really cares about DETAILS............???????.........what we care about is the $1.25 p/s coming at us....................
...and please do not wake the BABY.................TYIA........
...the aforementioned OPINION is not fred r. scott's...........
.....Tradeinman cited 3 'smoking guns'.....there are 2 more.......
...I'll post them privately since our legal adviser "advised" me to stop making any comments whatsoever on the case.....????????.......
...WE - WE understand the FDIC-R and its legal team is driving this train...............100%...................and the case is "closed," according to a leaky faucet in a building on 19th St............trying to obtain the definition of "closed".............or the AMOUNT...........................
...remember, the FDIC employs US marshals who carry automatic weapons...............seriously, and these guys are above THE LAWS in ameriKa...............................so WE - WE will keep a lid on it......................but WE - WE want to see a statement outlining the payment terms on a SD - - paid out of HARVEY's MANIFESTO..................................................
...now, who the heck's opinion was all of this...??....definitely not mine........................
....would you like fries with your SPECTRUM.....?????..........
...Alice Walton has a $24-BILLION NW and can't get a date (she's not answering my emails, btw).....................hello.....??????......
...traditional tobacco cigarettes (regardless of the nicotine content) are NO LONGER the preferred method of delivering NICOTINE to nicotine addicts..........FACT.........e-cigs and vapors now fill the need for nic.............
...and not to be critical of you nice folks, but the only speculators on this stock are gamblers, cigarette smokers, charlatans or genetic scientists............good luck to all...............but 22-C has never and probably will never EARN MONEY.......that is, achieve positive CASH FLOW.............green stuff..........no alterations..............net income.........ETC.........aimho.....
..."In other rare cases, the nature of the matter/documents to be filed under seal are such that even filing a motion to file the documents under seal may itself defeat the purpose of filing
under seal. In such a circumstance, the motion, proposed order and sealed documents should all be filed on paper with a cover letter to the bankruptcy judge explaining why it is necessary to keep the motion itself sealed".............
...the FDIC-R can dance around the laws in amerika.........let 'em dance.....................just wire the funds...............
...btw, WE - WE want to set up a private UWBKQ shareholder blog/website..................one of our legal advisers says we need SEC and BK CT approvals and possibly class action status to even consider setting up a privately-housed blog......??????........WTF is this site.............???????......
...WEIRD just gets weirder.....................and another WTF.............WTF is taking so long in this kangaroo BK CT.......??????.............maybe TRUSTEE #1's attorney clerk is taking some time off.............time off from what......?????...........taking time off..........???????.....
...mine........................
...would genetically-altered 8-track tape players SELL......?????
...just asking....................the market today, relative to capitalizing upon NICOTINE ADDICTION is e-cigs and vapors........
...DELIVER THE NICOTINE.................doesn't matter how........
...and neither the US government nor any other, particularly CHINA is going to get involved in protecting NICOTINE ADDICTS from nicotine...........................5.4-million souls, 480,000 in Amerika, die each YEAR from smoking related illnesses..............
...so get 'em their nicotine, make a buck and save some lives.................hello.....?????.......hello.....?????......
...I simply can't figure out how to make some quick CASH off this low nicotine--8-track-playing--moldy MULCH peddler...............baffling...............................
.....WHY IS HARVEY HIDING..............?????????...............
...all HARVEY could say, were he accessible, is that the bankruptcy is proceeding or call the TRUSTEE's counsel or consult PACER...........anything...............but no response.....?????....
...should we ask: WHAT IS HARVEY HIDING.......?????..........he's been paid handsomely................boosted his own legal profile...........floated the HYPOTHETICAL POR.............probably met some hot chicks milling around 19th St.................
...this is OUR - OUR attorney folks...............although our former CEO is also out of reach.......................doesn't make sense.......................if the situation were HOPELESS...............our leadership and legal counsel should say so.........................and not hide in paranoia................
...aimho.............this one's mine, larry...........larry.......?????......hello......??????.....is larry available..............??????..................
...WE are at the mercy of the BK CT and HARVEY................
...even if we obtain class action, we've been advised, it will take at least 6 months to force ANY RESPONSE or file a claim.........and again, the BK CT holds jurisdiction..............
...so our plan is to put pressure on the FDIC-R and HARVEY..........some unknown force has the BK process hung up............exactly what?..............WE - WE have a theory but we'll keep it quiet for now.........................
...and WE - WE cannot connect FCNCA to any CSSA.............other than FCNCA's alleged admission to being party to THE SETTLEMENT and the preferred stock authorization and the SEC allowing some reporting info. to be held confidential...............etc.........whatever..........frankie's money or stock is acceptable to US - US.................AND DO WE WANT TO BE PARTNERS WITH VENABLE LLP......??????.......just asking, larry.........................I don't, btw............
...so the case is NOT over.............yet..................
...now, who's opinion is all of this, Liana......?????.........larry's anonymous tipster......?????..........works for me......................
...NICOTINE ADDICTION drives this train, pt barnum notwithstanding........
...sure, if WE - WE can come up with some magic potion to meet the demands of the NICOTINE ADDICTS, and make a fast buck.......I'm in..............but genetically-modified, low nicotine plant science nonsense, MSA, (yada, yada, yada).............MULCH..........ain't sellin'......hello........
...the company LOSES money every quarter...............
...22-C fails every financial METRIC applied to its performance...................FAILURE..............
...the value of the stock is based upon DELUSIONAL FORECASTS (see pt barnum, again - or join gamblers anonymous)......the stock is a pile of rotting ROADKILL..........aimho..................
...100% DISAGREEMENT on the NOL........per our financial adviser....
...NOL is carried by UWBI and the NOL rules are crystal clear........cannot really go into details but read some sample NOL purchase/sale agreements, particularly on publicly-traded companies...........has nothing to do with the FDIC or UWB.......also, the SEC rules are involved...................and the TAX ALLOCATION AGREEMENT, created by a standard IT return, prevails.......................even if the FDIC gets the laws changed.....................
.....MONICA is going to have to pay a DIME p/s if she wants that WHOLE 100,000 block sitting on my L-2..................
...try buying about 500,000 shares of this worthless stock...................IMPOSSIBLE................you have to register first....................................and where would the 500,000 shares come from........??????.............pistol pete PUMA ain't got that sitting around......................I do, but my ASK is closer to $5.50 p/s...................
...and the BAC monies are real...........should total at least $15MM and possibly more..............the NOL could be valued at nearly $100MM..............the D&O recoveries are estimated to be 60% of $36MM or about $21MM......................and there's that nagging ITR of $4.4MM nobody wants.........................
...there is definitely some REAL MONEY on the barrel head.......
...the statutes of limitations is five years, we were told........from the date of SEIZURE...............we also heard the 5-years starts from the date the APPEAL was dropped............but, regardless, we have time to file a class action and move forward accordingly.........
...at a minimum we want OUR - OUR counsel to communicate with HARVEY.............................then WE - WE develop a PLAN....
...case is not over, btw................may not have even BEGUN................the REALITY is that when the FDIC-R starts to feel some pressure, the CSSA will close out the BK, imo.......
.....WE WANT THE USDOJ TO EVALUATE THE RECEIVERSHIP..............
...simple request, larry........WE - WE believe our bank was seized in bad faith................................
...this could turn the entire OTS action upside down...........imagine that.........................
...gotta pay our counsel to stamp the inquiry.................
...if some FREAKZOID settlement is in process - - thru the kangaroo BK CT - - better close it out soon, Mr. Gruenberg...............
...time to play hardball....................overdue............
.....follow the money........................................
...and you'll end up at the bottom of the cistern with BABY JESSICA............
...low/no nicotine tobacco..........??????........WTF is that......?????..............
...nicotine addicts want vaporizers with flavor and e-cigs with flavor.....OR TO QUIT NICOTINE COLD TURKEY......
...what does 22-C offer to the marketplace.........??????........nada..............professor pandolfino needs another brand of snake oil.................
...WE - WE believe a POL/POR will be issued and that the POL/POR will only state that the Claimants have been "satisfied" with the full support and approval of the TRUSTEES..............BK case closed....
...if the 7 stays a 7...........the end, with a separate notice from the UWBI BOD announcing a special cash dividend to stockholders of record.........etc....................if the 7 becomes an 11 and there is a funky FCNCA stock pooling and conversion................again the UWBI BOD will describe a more creative UWBKQ to FCNCA stock conversion..........the NOL may go to FCNCA............
...projected time frame: probably within the next 30 to 45 days, imo...........................or sooner rather than later.........
...there is definitely a complicated behind-the-scenes settlement process long underway.........................evidently, the 'satisfactions' of Claimants, as a condition of this CSSA, is taking some legal maneuvering............................
...aimho.............just opinions, lawrence..........all mine.............or yours..........I get confused easily............
...and wipes out that nasty UWBKQ common stock.........
...hello.........??????..............................
......why is HARVEY hiding..............??????????????.........
...HARVEY represents US - US in a slam dunk BK filing...........even with the 11 to 7...............makes the entire process EASIER..............no assets, $60MM+ in claims...............SHUT 'ER DOWN and GAME OVER...........
...so WTF is going on, Mr. Sender...........??????..........why so secretive and CRYPTIC..............???????...........pile up a stack of dog-eared papers, get the TRUSTEES to stamp 'em.........TIMBERLY takes the stack over to the Judge.......wakes the Judge up from his NAP..............gets a signature........DONE DEAL..................and wipes out that nasty UWBKQ common stock.........
...I just don't get it, HARVEY............................
...review the past 3-years' financial statements................
...that's the only factory WE need to visit...........widgets are widgets......................
...put money in my pocket............that's the bottom line...............the bottom line............hello.........
...professor pandolfino has a history...................
.....NICOTINE-FREE CIGARETTES.........??????..................
...would you like an O'Doul's with that......?????............
...to CAPITALIZE on nicotine addicts, a company must produce and sell a product that is in DEMAND..............hello........NICOTINE ADDICTS WANT NICOTINE............and pay for nicotine..........
...this hocus-pocus, genetically-altered tobacco DOES NOT SELL....the future in this business = nicotine vapors and e-cigs.............not dirty, moldy MULCH.................
...and 22-C LOSES MONEY...............BIGTIME, every quarter......
...I just don't get it........................the stock ain't worth more than two dirty quarters p/s.............TOPS...........
...Martin J. Gruenberg............please start talking DIRTY........
...we're on to this screwball FDIC-R/UWB settlement............and don't blame the delay on our BK attorney..............sure, HARVEY is a frumpled WINGTIP.......................if the FDIC-R is "processing" the BK, as a condition of the CSSA............then process the mother-f/-er...............................
...the STIPULATION tab just gets BIGGER with each passing day...............and the majority of the UWBKQ shareholders are not going to wait forever...................
...so sneak the CSSA thru, the SEC announces the SD to UWBKQ shareholders and WE MOVE ON..............drag this out much longer and the entire SCAM, imo, will be headline news........
...opine, latoya...................I just did..............or was it larry......................forgot whom......................who is larry, btw...........??????????....................
...WE - WE are not allowed to make any reference to Liana R. Prieto and the UWB APPEAL/stipulation................................
...however, Auntie Li's professional profile still lists the affiliation with BS and, most importantly lists in her credentials the suit representing UWB versus the OTS in challenging the Receivership................she's doing some 'special project' in NY, we hear................
...WE - WE believe Liana takes calls and responds to email requests............................although she, we (larry and I) understand will NOT discuss UWB nor UWBI............and we just assume the TWINS are so, so cute..............and go HORNETS.........
...Liana might have forced the CSSA, imo....................how cool is that..............???????????..................
.....no posts, no trades, no PACER, no Denver Business Journal......
...maybe this mofo is DEAD...............gone, WIPED OUT.........
...no pulse................take freddie scott out of this scene in BROKEBACK MOUNTAIN.................and UWBKQ s/p = $0.0055.....
...quick question for larry..........where the F/- is HARVEY......?????.............HYPOTHECATING HYPOTHETICALS......??????
...shouldn't a POL or POR or DEBTOR statement of receipt of litigation proceeds or FASCIST MANIFESTO be forthcoming.......?????..........this has been a very long DUMP....
...here we go again, larry.................OPINION DISCLAIMER/MEDICATION TIME....................you, me or Jimmy............????????..............ok, Jimmy............his....
...DOES the John E. Bowman/FCNCA/Venable LLP relationship pass the "smell test".......................????????????.....................
...just asking a simple question, larry....................
...the odor is of ROTTEN ROADKILL................looks nasty........kinda like there was some FUNNY BUSINESS going on behind the scenes prior to that WRONGFUL SEIZURE of UWB..............
...I did not say anything about a CONSPIRACY.......nor a JOB KICK-BACK.................did I, larry.......??????.......
...maybe the JACKBOOTS did WRONGFULLY SEIZE our bank, larry.....................ya think.............???????........
...I no longer opine, larry......................since the case is over.....................................does honey bobo OPINE, larry.............??????.....................ok, then this one is HIS...........................................
...FUTURE MARKET for nicotine addiction: vapor and e-cigs........
...not some hocus-pocus, genetically-altered, moldy MULCH........
...get real.......................sorry.........REALTY here.......
...the market cap on this 22-C company should be about 8 TIMES ebitda..............EBITDA is minus a million bucks.....hello......RED INK on RED SUN...................
...take the TOMMY JEFERSON and get out of this CAVE.........now..............before someone pulls the curtain on professor pandolfino..................even that name sounds creepy..................aimho...................
...Philip Alfred Mickelson........................................
...insiders, speculators, duffers..............LEFT-HANDED........
...Monica.........??????.............careful.................
...still working on MAN-SIZED..........fred-sized........bet those are BIG.............huge....
....appears as if MONICA and PHIL want some UWBKQ, today.........
...at least this SLEEPING STOCK woke the F/- up.................
...if any buyer wants a MAN-SIZED block of western united.......I'm talkin' 500,000 shares+.....................35 pennies per, or higher...................MAN-SIZED.............hello..........
...fred scott is talking to himself...................is this a good sign or more PSYCHOSIS..............???????................