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.
Posting the link for the letter.
http://www.glenbradford.com/wp-content/uploads/2016/03/15-00708-0038.pdf
What is COURT OF CHANCERY?
A court having the jurisdiction of a chancellor; a court administering equity and proceeding according to the forms and principles of equity. In England, prior to the judicature acts, the style of the court possessing the largest equitable powers and jurisdiction was the “high court of chancery.” In some of the United States, the title “court of chancery” is applied to a court possessing general equity powers, distinct from the courts of common law. Parmeter v. Bourne, 8 Wash. 45, 35 Pac. 5SO. The terms “equity” and “chancery,” “court of equity” and “court of chancery,” are constantly used as synonymous in the United States. It is presumed that this custom arises from the circumstance that the equity jurisdiction which is exercised by the courts of the various states is assimilated to that possessed by the English courts of chancery. Indeed, in some of the states it is made identical there with by statute, so far as conformable to our institutions. Bouvier.
Law Dictionary: What is COURT OF CHANCERY? definition of COURT OF CHANCERY (Black's Law Dictionary)
March 14, 2016
MEDIA TELECONFERENCE
IU Hosts Teleconference on Pagliara Lawsuit against Fannie, Freddie
WASHINGTON – On Tuesday, March 15 at 2:00pm EST, Investors Unite Executive Director Tim Pagliara will host a teleconference to update Investors Unite members and the media on suits he has filed in Delaware and Virginia to inspect corporate records of Fannie Mae and Freddie Mac related to the Net Worth Sweep.
WHO:
Tim Pagliara, Investors Unite Executive Director, CapWealth Advisors Chairman and CEO
Barr Flinn, Partner, Young Conway Stargatt & Taylor LLP
Tom Connally, Partner, Hogan Lovells US LLP
WHEN: Tuesday, March 14; 2:00pm EST
DIAL: Toll Free: (800) 230-1093
NOTE: Please RSVP to media@investorsunite.org
From www.timhoward717.com Anonymous on March 14, 2016 at 3:40 pm
FNMA certificate of incorporation in Delaware State:
————————————————————————
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
Entity Details
THIS IS NOT A STATEMENT OF GOOD STANDING
File Number: 3560366 Incorporation Date / Formation Date: 8/21/2002
(mm/dd/yyyy)
Entity Name: FEDERAL NATIONAL MORTGAGE ASSOCIATION, INC.
Entity Kind: Corporation Entity Type: General
Residency: Domestic State: DELAWARE
REGISTERED AGENT INFORMATION
Name: THE COMPANY CORPORATION
Address: 2711 CENTERVILLE RD STE 400
City: WILMINGTON County: New Castle
State: DE Postal Code: 19808
Phone: 302-636-5440
Is $1.57 today's low?
90 day avg volume 4.12 million
10 day avg volume 3.92 million
Today's volume 1.029 million.
Today's volume is just about 1/4th of 10 day or 90 day volume.
Things may not happen overnight. All this may be the ground work for actually up listing in NYSE, which may happen in the next few years. This just IMHO.
Anything may happen. It will not surprise me if it becomes zero as it already will have been zero. Also It will not surprise me if it becomes one zero zero because it already will have been $100.
My assumption is 2 years easy for any positive outcome. Just my guess.
Stockman, I am following you and reading almost all of your FNMA posts. You are the one who said it goes to $5 this year and asked us to buy when it is trading at around $1. Thanks for your analysis and posts. But I too scared to buy more at $1 and thought it may go much lower.
Thanks IL Padrino.
Saint Market 1992 on March 4, 2016 at 6:38 am on www.timhoward717.com
I think the PSP would be null in exchange of the NWS money and the GSE would be leave free on their own. So be ready for a 100 share. Now is the time to see who have a tough stomach. This ride is not for childrens or for people with heart problems.
Like
Reply
I agree with you. It's just a matter of time. But how long that time will be ? One year ? Five years ?
I think that the pps moving up steadily and in a very controlled manner. This is just IMHO.
Thanks for your time Jay.
Hi Jay, really thank you for your pundit insight and great analysis on the other post. Tradergerm posted in post# 330858 that there's a gap at 1.26. Can you please provide your insight on it. Thanks again.
50k on bid waiting to fill at $1.78.
Don't worry there may be many new shares out there that are waiting to be diluted by Derek. May be much more than our FNMA warrants in volume.
I agree with you. It's better to hold at $10 for $40+ at least.
Welcome aboard.
There's a bid waiting there to get filled for $1.80 for more than 47,000 shares.
Why it's stuck in between 1.79 and 1.80?? Why not moving up or down??
Jayman, just noticed that I am your follower for a long time. Thanks.
Jayman, with out argument you might be an expert in trading any stock. But I don't trade. I am just a long term investor here. I just believe in FNMA and prepared for the worst just in case. I read almost every post on here, especially I don't miss the comments of the long term holders who holding from about 0.30s. Thanks to your posts and request you please continue posting and provide your expertise analysis and predictions. Thanks again.
Jayman, you said On 03/05/2014 that FNMA never goes below $3.30 again. But time proven you are wrong. It went much below $3.30 and even below to $1.0. So you prediction is no way closer. So please don't preach now that "your prediction is 100% right and you even informed to this board about your right prediction. " There are only couple of people here on this board who dare to inform right after their buy/sell. One is stockman and the other is Jaren. Thanks.
Jay good post. Thanks
Thanks stockman. I really appreciate your vision and posts on the board. I too wish you a good success my friend.
Touched 1.75 ??
Thanks stockman.
Or some thing good is coming ?? Which we don't know yet.
You, Jaren & DT are the strength for us, longs like me.
Yea may be getting warmed up for a big run.
We are at $1.70 now.
Looks like it's not stalled at 1.66. It's now 1.69 and may even break $1.70. Just IMHO.
That means it may go lower in short term for now. Just IMHO.
See the link below. And see below the price.
http://www.marketwatch.com/m/Quote/FMCC?countryCode=AR
I know. But why it's showing up 751.63% up ??? Please clarify. Thanks.
Iowa, Illinois (Chicago), Delaware, Virginia, Washington, Florida and where else ?
Anonymous on February 28, 2016 at 2:57 pm on www.timhoward717.com
pssst……new GSE investor case being filed in Florida tomorrow, Feb 29th. Everyone is sworn to secrecy so don’t ask questions we can’t/wont answer until after it’s filed. This one is going to be from a different angle but still helps our ultimate cause. I’m keeping the faith!
Liked by 1 person
Reply
FnF on February 28, 2016 at 3:34 pm
good job.
Like
Reply
I am still long and strong. But it doesn't mean that I would assume every outcome would be in favor of share holders.