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that blows. i need it now!
it's a little dramatic, but why not? if that's what sucks people into this play, they have their own problems.
anyone know what time tonight the court filings are posted on pacer?
i was hoping for an explanation of the post, not an explanation of the deletion. but thanks for the clarification.
close at .018
no one cares anymore, dog. just watch PR, interview and lawsuit tonight. that will tell the story.
hopefully whoever has access to Pacer will post the filings.
i hope someone explains them before they're deleted.
oh ok. thanks everybody. long live tomorrow! (and thursday)
Why were all of Dog's posts deleted?
i agree about the stories over. this is shaping up to be a really good one.
definitely complicated. i totally agree. it just seems that briner has done a lot of bad stuff here, and he appears to have a history of doing this to other companies (see Caswell articles from other posts). that should smooth out the process.
my ex-girlfriend drafted one of the U.S. opinions for the soft-wood lumber case. but in this case, Canadian and U.S. interests are aligned! Canada will want to punish Briner as well. and he filed FIRST in a US federal court, which will dump a jurisdictional can of worms right on his head!
he's really asked for it imo.
i don't think Canadian law will apply here. these companies are governed by the SEC! and i bet NAFTA greases the wheels as well.
that's right. and the SEC has regulatory oversight anyway.
no doubt. not that this would happen, but let's say that he transferred assets to the Roman Catholic church. are they just as recoverable?
that would still be a fraudulent transfer/conveyance since briner seems to control the church. and yes of course briner and his companies are still worth something. i think we'll find out how much very soon.
unrelated question for over: would a conveyance of assets to an unrelated charity in the face of insolvency be considered fraudulent? that's an interesting one. it seems like it would be, but maybe the charity could make some claim based on reliance?
WHA is definitely considered a small business. maybe they have to file something to be officially "qualified" as one? i think below 30 or 40M in revenues and you're considered a small business. wouldn't mind paying the taxes if they jump to "big" business levels!
yearly gains are taxed at a rate based on your income level bracket (i think the highest bracket is federally taxed at around 42%). if you hold an investment for longer than one year, your gains are taxed at 15% (capital gains). and then you have state taxes, of course, except for those lucky florida domiciliary ba$tard$!
and Swiss Bank accounts are no longer protected and inaccessible the way they used to be.
the term is Fraudulent Transfer, and it's illeeeeeegal baby!
if they actually handed out badges of fraud, briner would be a Vulture Scout by now! lol
yes thanks to all who have done the real and tremedous DD on this...it's greatly appreciated, and will be even more so in the days to come...long live WHA!
God bless this stock
awesome five! now, let's go longs baby!
never wanted monday to come so bad in my life!
3:30 vancouver time, which is pacific time i think. that meeting is total BS anyway
moving up!
this is effing orgasmic!
what happened with that volume discrepancy? i noticed it before too, from 44M to 42M
Word to that.
The World Hockey Association to File Substantial Fraud and Conspiracy to Defraud Claims on April 18th Against Global Developments, Inc., Nexus Asset Holdings, LLC, The Briner Group, and Related or Associated Parties; John D. Briner, Esther Briner, Erwin Liem, Jason Ashdown, Reighardt Van Enter and Others
VANCOUVER, BC, Apr 13, 2007 (MARKET WIRE via COMTEX) -- The World Hockey Association (PINKSHEETS: WHKA) announced today that it will file substantial damages claims on April 18, 2007 against multiple parties associated or affiliated with The Briner Group, Global Developments, Inc. (a Delaware Corp.), and Nexus Asset Holdings, LLC (a Texas Corp.).
In response to numerous inquires from its shareholders and the hockey community at large, the WHA has decided to release the following information regarding the litigation occurring in US Federal Court in Nevada.
1. The WHA will file an answer to the original complaint filed by Nexus Asset Holdings LLC and Global Developments, Inc. denying all allegations set therein.
2. The WHA will file fraud and conspiracy to defraud counterclaims for damages against the same parties as well as a number of additional defendants associated or affiliated with the Briner Group, including but not limited to: John D. Briner, Esther Briner, Erwin Liem, Jason Ashdown, Reighardt Van Enter, Otcfilers.com and parties presently unnamed. Other allegations will also be filed.
3. The WHA believes the damages to the company, its stock, its shareholders, and the hockey league it operates to be in excess of one hundred million dollars ($100,000,000.00 US) and will ask the court for remedy including but not limited to the return to the WHA of all shares issued to the parties named in the suit or to entities over which they were found to have exercised control. The WHA will also ask for substantial monetary damages to be awarded.
4. The WHA believes the fraudulent actions taken by the parties named to the suit to have approximately begun in June of 2006 and to have ran through March of 2007.
WHKA CEO Ricky Smith commented, "We have received so many inquiries concerning this matter that we felt it was time to inform all those interested in the issue as to what course of action we will take. Our Company has suffered substantial damages from the preposterous chain of events that began the day we started dealing with John D Briner, his associates and some of his associated enterprises. We have always said we would act against the aggression perpetrated against us and come next Wednesday, the world will see to what extent we will act."
Smith continued, "We want to get this legal issue story behind us eventually as our real emphasis is on hockey. All Bobby Hull, Gary Unger and I have ever wanted to do with the WHA was bring a great hockey league to the youth of Canada and the US. We want to proceed with the hockey program our shareholders and fans both expect and deserve. I might add that we have some very big hockey announcements to make in the near future."
About the World Hockey Association:
The WHA created the WHA Junior West Hockey League to promote the sport of hockey. The Junior West Hockey League is an alternative, community based league for highly skilled junior players, and is designed to promote high standards of sportsmanship in hockey. The 2007-2008 season will feature an expansion from six to 16 teams and will see the WHA firmly established in British Columbia, Alberta and the Northwestern United States.
As a listed company on the Over-The-Counter Pink Sheets our mission is to provide a financially sound economic model that is responsible to WHA investors, coaches and staff, and the junior hockey players participating on each team. Fan satisfaction is a primary consideration in our decision making process.
Forward-Looking-Statements
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
CONTACT: V. Ackland 416-996-1789
SOURCE: World Hockey Association
Copyright 2007 Market Wire, All rights reserved.
holy $$$$!
this is so freakin satisfying
holy kajeebus!
almost there!
today's a working lunch baby! let's go!!!
let's go baby!
i'm not experienced enough to know the games that the MMs play, but are they playing them here? if so, how long can they go on? if they're holding this stock down, this is absurd!
absolutely.
give some time for this news to get it's tentacles out there.
one: it's too early in the day for a ton of people to start reacting to this, and 2: maybe people will hold on to the serious money until the suit is actually filed...until then, this is pure sweeeeeeeetness! (LMAO,IMO!)
doggy doggy doo, where are youuuuuuuuuuuuuuuu?!
it seems you and briner, and your respective legal counsel will have some juicy details to discuss this afternoon :)
could Continental at least tell us the A/S, O/S, and float? they definitely have this information, correct? has anyone called to ask them?