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.
You're talking about fuel cells and natural gas? Do you even realize where natural gas comes from?
I've been around long enough to know exactly who set this country back. Carter was awful, Reagan messed up with amnesty, GWB did fair considering 911 until the Dems took control of Congress the last 2 years....go look at the national debt since that time. FDR and Johnson and Obama Hussein are the icing on the cake.
We're going straight down the toilet and no amount of windmills and solar garbage will save us.
You go ahead and get rid of oil then you'd learn what all it's in, like medicine, clothes, tampons, you name it.
Yes, let's see how you like not having clothes and tampons.
Well you class action folks can thank David Cohen for getting even less than the original settlement, what, 7+ years later? The original settlement was $35.2 million plus 3,184,713 shares, valued at around $2.5 per. So without the help of Mr Cohen you would have had over $43 million, but now you're looking at $37.58 million.
And the icing on the cake is that he says he's owed over $3 million for all his hard work.
That's the funniest sh!t I've read in a long time
No minimum amount, just looking for big bites first to ease the process.
I opened a TDA account today. If any of you guys have substantial pbsoq holdings, reply or send me a PM.
Thanks
I haven't done anything about Fidelity yet. Resolution this year? Who knows. I'm still confident the judge will rule on the restitution issue pretty soon, then things ought to start moving.
Interesting. I use Fidelity and if they are going to limit what I can buy then I'll be looking for another broker. How did you find out?
You'll get your chance. There were several references to a settlement in the last round of fee applications filed by McKenna and Long, and those billings involved activities for last month. Gettin closer.
"07/29/14 N. Grunberg .90 REVIEW OF PROPOSED SETTLEMENT AGREEMENT."
Government's response on the docket. As I thought. You know Brooks' attorneys are grasping when a pissant like me can see what they are doing.
And the reason why she needs to get on with it is because the lawyers on all sides have let their egos overrun their asses for far too long.
The judge wanted a GS so she wouldn't have to deal with it but as you can see, we don't have squat.
No I don't have a copy of it, but supposedly the judge said that the restitution portion will go forward regardless of the recusal motion appeal.
She needs to get on with it.
My thoughts on 1829 is that Brooks' super duper lawyers are throwing spit balls hoping something will stick.
If that's the best they got, they're in deep sh!t.
They think it's so great, they even attached a copy of the Wellcare case. If you read that case, the glaring difference between that case and PBSOQ is that in the Wellcare case, the company made an admission that it participated in the commission of the crimes, albeit they were not charged as co-conspirators at the time of restitution portion of sentencing for whatever executive did the crime.
That is not the case here. Thus, the Wellcare case is not on point. It's crap. It's the last hail mary to try to avoid any restitution what-so-ever. Ain't happening. Brooks is about to get smoked.
I also think that Brooks' lawyers are feeding him a bunch of bs and are gonna clean his ass out the best they can. I actually thought Brooks was a little smarter than that, but obviously I was wrong.
There is zero chance, imo, that Brooks will see a dime back of whatever has been confiscated at this point, but for the life of me I can not figure out why this dipsh!t can't see the obvious and make nice with the victims with a GS and try to get a couple years off his sentence.
Looks like someone wanted to sell....I don't even want to look at my account on these days.
I think we'll be seeing some action in the next couple of months.
Sure they can and you'd be damn lucky if they did it. It's called reorganization in which equity retains a portion of its value. But I wouldn't worry about that here.
Yes they did
I've followed it for a few years
Get your salve ready
This is gonna be pretty awesome when Fischer files that amended 13d showing him dumping after that planted leak by his reality tv profit wonderboy buddy. Then Fischer, who is undoubtedly in talks with management (since he gave them a loan a few months ago and are in default) about a BK filing so they can cherry pick what they want from the carnage, and his pump and dump buddy, will swoop in and leave a bunch of butthurt bag holders in their wake.
A fool and their money will soon part. Make that several fools.
Now there's a good case of denial.
Whatever. Clueless
Not when the company was offering over twice that. You don't know the half of it, so don't even attempt
Not hardly. Those bonds were trading at 110% and the stockholders still got a bad deal. Special thanks goes out to Alan Carr for that snafu and Anton over at Y... Capital for all those insider trades. Revenge is a b..........
I don't know if those firms still have any or not. Since their plan to divert any litigation proceeds to their coffers went down the toilet, I doubt they have as much incentive to stay around.
I guess Mr Brooks doesn't have anything else to do but continue to get duped by his lawyers...I thought he was smarter than that. With all the drivel they've filed in all the courts, they must have convinced their client he will somehow miraculously avoid any restitution relying on an Alan Dershowitz hail mary. Good luck with that. Even if he doesn't lose every bit of the seized funds via the criminal avenue, the civil side of this amounts to a second bite of the apple which will undoubtedly take what remains and then some.
So in the meantime, I guess we'll have to sit here and watch David Brooks throw another 10-20 million down the drain in legal fees to reach the same inevitable outcome.
If he was as intelligent as I thought he was, he'd cut a deal with his ex to get the GS done. IMO, the tea leaves point to the government not agreeing with his ex over the claims she's filed against the seized assets.
Even if the criminal conviction was throw out, he will still have to give back any equity based compensation from his insider trading in the civil action. That alone would put his minimum out of pocket somewhere in the range of 170ish million, whilst the maximum range of liability via restitution and forfeiture is in the range of 270ish million.
I would note that the civil side has a cap, whilst the criminal side doesn't. This is something his lawyers never acknowledge in their filings. I believe the general consensus, taking into consideration the Mandatory Victims Restitution Act, is that if all the seized assets are distributed as restitution and forfeiture, then the civil liability is moot.
All IMO and based upon the public record...and a large Pacer bill.
The court proceedings are at a standstill awaiting a ruling by another judge as to the question of whether or not David Brooks waived his right to ask for the recusal of Judge Seybert. Somebody dropped the ball along the way because that old senile fool Cohen was allowed to sit in the last global settlement conference....in which he apparently tried to throw a turd in the punch bowl because it didn't suit his own pecuniary interests. Settlement discussions have since ceased. And the equity committee is AWOL.
Ah yes, the best Ronald Reagan quote.
MSHA is so ignorant, their definition of a "mine" can be if you dig a hole in your yard and sell a wheel barrow full of dirt to your next door neighbor, the dirt has now entered 'commerce' and you have officially subjected yourself to the full wrath of the MSHA and the Dept of Labor as a mine operator.
Once I had a MSHA inspector enter my mine and he said that a crack in a windshield of a front end loader impaired my vision and it was un-operable. He said he'd shut me down and put chains on the gates if I operated it like that or didn't get it fixed. I said, 'you mean that little crack in the corner I don't even pay attention to and not in my line of sight?', he said 'yes, I'm shutting you down right now'. I said, give me one minute and I'll fix it....to his puzzled face. I walked over and grabbed a 5 pound sledgehammer out of my truck and walked right by that SOB and on the 3rd swing that 3x4 foot windshield came out the front. Then I jumped on a front tire (without fall protection no less), and kicked that wadded up sumbich to the ground.
Then I walked over and said "damn windshield clear as a bell now".
Somehow they sued me for that. Oh well. Nothing like getting served and being sued by the good ol U.S. of A.
And you guessed it, I haven't signed up for Obamycare either.
I learned a long time ago that this country is no longer free. Not even close.
If China wants to curb exports, I suggest we send them the EPA and MSHA.... That'll cut production big time. Having personal experience with MSHA, I can say without a doubt they are one of the worst government agencies out there. Total POS outfit.
Once again, here's my ignorant response which points out your cluelessness:
Eric Holder and Co is the top prosecutor, i.e., the person who gets folks sent to jail. Not happening in the IRS cases, Benghazi, Fast and Furious, deportation, etc. The man is guilty of treason. And you seem to think this is different.
ARTICLE III
SECTION 1.
The judicial power of the United States, shall be vested in one Supreme Court, and in such inferior courts as the Congress may from time to time ordain and establish. The judges, both of the supreme and inferior courts, shall hold their offices during good behaviour, and shall, at stated times, receive for their services, a compensation, which shall not be diminished during their continuance in office.
SECTION 2.
The judicial power shall extend to all cases, in law and equity, arising under this Constitution, the laws of the United States, and treaties made, or which shall be made, under their authority;--to all cases affecting ambassadors, other public ministers and consuls;--to all cases of admiralty and maritime jurisdiction;--to controversies to which the United States shall be a party;--to controversies between two or more states;--between a state and citizens of another state;--between citizens of different states;--between citizens of the same state claiming lands under grants of different states, and between a state, or the citizens thereof, and foreign states, citizens or subjects.
In all cases affecting ambassadors, other public ministers and consuls, and those in which a state shall be party, the Supreme Court shall have original jurisdiction. In all the other cases before mentioned, the Supreme Court shall have appellate jurisdiction, both as to law and fact, with such exceptions, and under such regulations as the Congress shall make.
The trial of all crimes, except in cases of impeachment, shall be by jury; and such trial shall be held in the state where the said crimes shall have been committed; but when not committed within any state, the trial shall be at such place or places as the Congress may by law have directed.
SECTION 3.
Treason against the United States, shall consist only in levying war against them, or in adhering to their enemies, giving them aid and comfort. No person shall be convicted of treason unless on the testimony of two witnesses to the same overt act, or on confession in open court.
The Congress shall have power to declare the punishment of treason, but no attainder of treason shall work corruption of blood, or forfeiture except during the life of the person attainted.
Probably hiding from the Feds.
Nice pump job mission. So good I'd bet the SEC will be looking up your underskirt in the not to distant future. This isn't traded OTC.
Re-read and agree.
Good deal? The plan term sheet if I'm not mistaken is $2/share equity. If anyone would like to point out the errors of my ways, please do so with some back up.
I'd say they don't have that now. New direction? What? From 'going down' to 'free fall'?
Yeah, that's what I'd want in my stores, a bunch of stoned losers buying cupcakes amongst the little kids. Now that's a winning business plan.