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of course Macy's will say that,I don't expect them to say anything different; and I didn't expect JCP to do anything else but APPEAL, even though the judge really sided w /JCP ... it's all optimistic PR dupe for th shareholders and their pps... the judge has already implied DON'T EXPECT MUCH in terms of $$
I would have thought someone with so much experience would understand that
In the end, if CIRC does win the end game, CIRC revenues, before and after the fact, just don't justify an award projected by you &longs
Longs take notes: Instead of using th worthless comparison of litigation involving a "water district" to th CIRC case lets look at something with more recent precedent &similarity of history
The sneaky deal that JCPenney cut with Martha Stewart behind Macy’s back was such a disaster that the sheer public embarrassment of it is punishment enough.
That’s what a New York judge effectively said in a long-awaited decision Monday, ruling that while Penney improperly interfered with an exclusive Macy’s-Martha Stewart contract, its liability for court damages was limited.
http://nypost.com/2014/06/16/jcpenneys-behavior-childish-sophomoric-in-martha-deal/
Let's all face it, you do not know what the award will be. In fact, the actual award is likely far from what you portray.... A number of things pointing to a major award: 1) Judge hasn't wavered on who she backs and it is 8-0. 2) Judge has given every opportunity to the defendants to work out a deal-- this means she is giving them an opportunity to control their damages. 3) Obviously the Judge has no love for Playboy in any of the decisions.4) This same Judge awarded a developer $36.4M because the Chicago water district simply blocked access to an alleyway and delayed development for three years. Story here:
www.chicagobusiness.com/realestate/20130116/CRED03/130119838?template=printart
So, how do you think she will award against a large pornography company who blocked business, forced financial damages and created legal issues for a beverage company, essentially stunting and damaging their business? $36.4M for blocking an alleyway and delaying construction without harming the rest of their business, versus years of damage to a business?
It is clear to me that the damages will be far more than the award I mentioned. If anyone does some homework, instead of listening to, or spewing random, simple opinionated thoughts, it would be far.
what business? they were in bankruptcy ... got lucky and convinced a bankruptcy judge that if they were allowed to pursue litigation against PB, they would have a better chance to pay their debts; PB gave circ every chance during contract to produce, they just didn't...and nothing PB did, influenced that ....how long ago was that?
I'll tell you what ...your best chance to make a little money is if the judge announces in court "I order the parties involved to pursue a settlement, work out their differences" then you might see a half penny
IMO
keep trying, but I'll keep it simple for you ...city litigation a far cry from pipsqueak circ ... no encouragement from judge to participants to work a deal ...PB did nothing to damage circ business ...circ given plenty of time / chance to develop distribution over course of contract; they just couldn't get it up, they're out of their league next ...
mkt knows this ...
corporate action coming soon ...
A/S increase or R/S of O/S ?
authorized share structure just about exhausted ...corporate action on th way?
no twist, no win ...at least not what you think financially ...kaput
Shareholders &co haven't won the end game, or anything significant and the market knows this
As is usually the case, based on the revenues of the Plaintiff; I fine you the equivalent of $1 lol next
IMO
They continue their delay getting back to current status [limited info]; they've exhausted their A/S ...you're probably correct in assuming a 4 - 5B increase to cover current & future debt; or a corporate action of another kind ...no settlement on the horizon, nor guarantee of any or adequate court sanctioned judgements .... yep, looks grim
IMO
this was intended for those who consider their hard earned money their #1 priority; & wise enough to listen
You're missing th point; where were you when myself and several others, who have REAL Global experience with marketing &distribution, held class? ...
Bill paying time? will shareholders soon see how much more have been added to the issued shares over the authorized amt?
Wrong again ... I've been right for two years ...you haven't seen a settlement, have you?... Share structure is over sold, isn't it? YOU HAVEN"T WON A THING, and mkt knows this, why don't you &the rest of your group? -STILL, I'M HAPPY FLIPPING ANY PIECE OF CRAP
YOU DONT KNOW JACK ABOUT WHATS GOING ON IN THIS CASE EITHER! Nobody on this board knows what's going on. I don't need a lawyer to tell me Playboy eff'd up BIGTIME here. And Jimmy Esebag, Ron Coopersmith and their companies are all going to pay dearly for what they ATTEMPTED to do to CIRC, and that's BANKRUPT them. It almost happened. The judge lifted those proceedings. Do you think the judge is going to let them file again before awarding any judgement in their favor? One word, NO. Game over for everyone involved. The courts want this resolved ASAP and we'll hear soon enough the VERDICT!
...you’re exactly right …you don’t know what’s going on in these court proceedings … I can hear th PB laughter across state lines … Here’s what i know, and this is for th mickey mouse also... it would be in your best interest to invest in a law firm with expertise in business & corp law to explain and help you understand th finer details of contractual litigation first; instead of deciding what would be in PB best interests
Here's how you need to look at it, if CIRC gets a five year extension (or any extension) from Playboy, that will do wonders for the stock price because there will be stability for quite some time. I think it would be in Playboys best interest or they could very well pay steep punitive damages as well. I don't know what's going on in court but MAYBE CIRC said to Playboy 'if you give us an extension for set amount of time we will drop our lawsuit against you'.
all it means is the plaintiff is barred from further litigating the same subject matter ...they can still file other motions
you haven't won anything yet ...th market knows this
plus shareholders are on the verge of a corporate action ...dilution?
question is will shareholders ever really see their $DREAMS come true lol
We have authorized 4,500,000,000 shares of common stock, all of which has been issued as of May 22, 2014. The Company has issued 9,100,000 shares in excess of its authorized. Being unable to issue additional shares of common stock may limit our ability to obtain the financing we need. It will take a vote of our stockholders to increase the number of shares we are authorized to issue, and we cannot be sure that our stockholders will vote and approve any increase. If we are unable to increase our authorized capital, YA Global will be unable to make any conversions under the 2013 Ratification Agreement. If we were then unable to make cash payments as necessary, we would be in default under the Ratification Agreement. See Item 3. Legal Proceedings
If you did you would find out you're not going to win a boatload of money ...a "boatload", c'mon? lol ...just think, depending on where you bought in, you wouldn't be underwater experiencing diminishing returns hoping praying waiting to make back th money; if you were a flipper ...how long have th longs been advising "we're so close' ....people were warned it wasn't going to be tomorrow almost two yrs ago ...yep, you're so close
I don't need a business law firm ...
hire a business law firm; they'll explain all th likely inevitable scenarios
favorable to who?
before or after th corporate action?
We have authorized 4,500,000,000 shares of common stock, all of which has been issued as of May 22, 2014. The Company has issued 9,100,000 shares in excess of its authorized. Being unable to issue additional shares of common stock may limit our ability to obtain the financing we need. It will take a vote of our stockholders to increase the number of shares we are authorized to issue, and we cannot be sure that our stockholders will vote and approve any increase. If we are unable to increase our authorized capital, YA Global will be unable to make any conversions under the 2013 Ratification Agreement. If we were then unable to make cash payments as necessary, we would be in default under the Ratification Agreement. See Item 3. Legal Proceedings
what I care or don't care about doesn't matter ... stick to th fact shareholders are now facing a dilemma most pennies usually leave shareholders with
making money and free shares are one thing ...the ability to read between th lines , another
why do it "by now" when usually in th pennies they milk it as far as they can ...you should know this, for one who has seen many scams in your time?
I'm curious to see what the 10Q will say. I don't think Iehab wants to do a RS or an Increase just from how he has held center up until now. I could be wrong but the wording seems in between the lines to me so I want to see what the 10Q shows because as I said I don't think Iehab wants to do the above if he did he would've done it by now as well as a RS. What are your thoughts? This is penny land and I have seen many scams in my day but Cirtran seems to want to build and do what is right for the shareholders because we both know if Iehab wanted to screw shareholders with a RS he would've done it by now. Also YAG may work out another agreement since they own a bunch of shares already.
then you invested in th right stock, blindly
Fatwa holds controlling interest, you can bet a fat bottom dolla on that ...there's a good chance he can make th call all by his lonesome ...very easy to check in th corporate by-laws
they can also just R/S th outstanding
wellll, we're waiting
debt holders still converting 4's
16M volume and there's still 27M on th ask looking to sell
weeeeell how do you read it , please tell
what that paragraph infers is a corporate action is imminent ... a shadowy way of saying either a A/S increase is coming or a R/S; it also infers debt holders are still dumping shares
We have authorized 4,500,000,000 shares of common stock, all of which has been issued as of May 22, 2014. The Company has issued 9,100,000 shares in excess of its authorized. Being unable to issue additional shares of common stock may limit our ability to obtain the financing we need. It will take a vote of our stockholders to increase the number of shares we are authorized to issue, and we cannot be sure that our stockholders will vote and approve any increase. If we are unable to increase our authorized capital, YA Global will be unable to make any conversions under the 2013 Ratification Agreement. If we were then unable to make cash payments as necessary, we would be in default under the Ratification Agreement. See Item 3. Legal Proceedings.
DAY FORTY ONE UPDATE ...FINALLY 10-K
what that paragraph infers is a corporate action is imminent ... a shadowy way of saying either a A/S increase is coming or a R/S; it also infers debt holders are still dumping shares
We have authorized 4,500,000,000 shares of common stock, all of which has been issued as of May 22, 2014. The Company has issued 9,100,000 shares in excess of its authorized. Being unable to issue additional shares of common stock may limit our ability to obtain the financing we need. It will take a vote of our stockholders to increase the number of shares we are authorized to issue, and we cannot be sure that our stockholders will vote and approve any increase. If we are unable to increase our authorized capital, YA Global will be unable to make any conversions under the 2013 Ratification Agreement. If we were then unable to make cash payments as necessary, we would be in default under the Ratification Agreement. See Item 3. Legal Proceedings.
whoa, looks like everyone was right ...look at that pps fly to th moon now that 10k is out' and 10Q around th corner weee what a ride
DAY FORTY UPDATE ...STILL NO 10-K [after failing to meet th NT 10-K deadline]
Is that with or without a corporate action?
DAY THIRTY-FIVE UPDATE ...STILL NO 10-K [after failing to meet th NT 10-K deadline]
"Smart" people were warned
there's no shorting here ...if anything MM doing co and debt holders a favor by holding th pps up right where they have balance; a mkt for dumping shares & satisfaction with price ...just my opinion of course
if there's a run up of a few ticks, maybe .001, I'm gone [there was a time I thought it would have been more sooner] ..if not they're free shares ...b/c I have no patience and rather make money than fall in love with an equity
well, you're wrong as usual ...made all th money on one run up while longs like you pumped hold & stay strong ...