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I don't agree with the assumption they will have to pay anything to get out of the lawsuit. People file stupid lawsuits all the time and you can't just call up the court and say "hey this don't make no sense" and expect that its going to be dismissed.
There is a whole process to this thing and it begins with discovery which is basically both sides requesting information from the other. Once that information is received you MAY be able to make enough of a case to get the case dismissed by the judge with a motion for summary judgement. Otherwise you may have to wait for more info via things like depositions, Expert analysis/reports, etc. At any point money can be offered in exchange for the pltf dismissing the suit but this does not have to be an inevitability especially if UWRL did nothing wrong and legally owes no damages.
Synopsis: Just because there is a lawsuit doesn't mean anything is owed, it doesn't mean anything was done wrong by the current operators of UWRL, and it isn't something that can quickly just be resolved. If a judge decides he doesn't want to look at or rule or maybe just convey his ruling to the parties he really doesn't have to within any certain time. For all we know there is a motion out there to dismiss the suit for XXXX reason but the judge just hasn't ruled on it yet.
Lets not get too ahead of ourselves by trying to figure out how they are going to pay for something they may not even owe.
something is odd here, been trying to buy a measley 140 worth of shares for a week now just to see how long they would wait, orders going off at .0002 all week and these 700K shares didn't get filled, really? Feels like certain people are loading up for something and not letting anyone else play, don't know how much more of a bottom we could get here.
doesn't make any sense, vol was up at 10 mil for the day and just dropped down to 1mil, what gives???
no one selling 2's or what, had a buy order in at .0002 for about an hour now to test the water, only 700K shares and nada filled.
once again...problem is that no one can prove that beside to post some text that supposedly came from an email but that only 2 investors were able to obtain. I call BS, not sure what is going on here but I am certain that it is like transformers...more than meets the eye.
yea that doesn't count as proof...anyone can type out something that can't be confirmed. As an example...
****************
Here is the last Share structure from the TA before they went silent:
from George Johnson <johnson@stctransfer.com>
to
date Mon, Sep 13, 2010 at 12:36 PM
subject RE: Share Structure request for Mutual Merchant Services, Inc (MUTM)
Mr xxxxxxx
The current outstanding is 648,348 shares.
George J
--------------------------------------------------------------------------------
THE ABOVE IS NOT FACTUAL INFORMATION, THIS IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE OBSERVE HOW ANYONE COULD POST WHATEVER NUMBER THEY LIKE AND THIS WOULD NOT CONSTITUTE "EVIDENCE". AGAIN THE ABOVE IS NOT CORRECT AND IS FOR EDUCATIONAL PURPOSES AND NOT INTENDED TO MISLEAD ANYONE....ALL OF THIS IS IMO OF COURSE.
once again, still looking for that one other thing you had but forgot to mention, proof.
amazing how quickly the interest in this thing died off...what the heck purpose did they have in bringing the shell current on Pinksheets just to let it flatline. None of it makes any sense, everything seems to have collapsed as soon as they became current. Is the suit really the only reason?
if only you had some of that stuff we used to use way back in the day, what was that called...oh yea, proof.
does anyone know when service was perfected?
Sorry...No PROOF she isn't building something
lolol
jmo
josee building business and gonna r/m this into a multi bagger
lolol
jmo
How can we call him and ask him if he is who he is if he is gagged? Sounds like he would have a hard time telling us.
can we get an L2
yep its over in kabul, u should go check it out
pretty quiet on here tonight, hopefully a decent number of people headed to the meeting. Will be nice to see photos of the office and to see that we have a decent group of true "long" investors starting with this company from the bottom up. If EP and Fred pull this thing off and can bring in some big bucks and films, which I think is entirely possible given the amount of contracts negotiatied for such a small and new company, we may all be laughing our butts off about the BS thrown around this forum when it was bouncing around .03-.04 FOREVER.
GOOD LUCK EVERYONE!!!
HERE'S TO BIG NEWS, BIG FILMS, AND BIG BUCKS IN 2011!!!!!!!
George Johnson is a fictional character. MUTM is going to the MOON BABY!!!!
oh i can't forget to add....IMO
I GUESS George Johnson was wrong...or never exisited
Well my guess is 200. So much for our guessing. Just like guessing that MUTM doesn't own CHIC, its just a guess and not a fact. I prefer facts, anyone can guess anything. I guess I am gonna be a millionare in a week from this stock, now i just have to wait...excellent (in my best monty burns voice)
This is being held down artifically, don't get scared away from a golden opportunity.....BOOOOMMMMMMMMMMMMM MUMT making a comeback!!!!!!!!!!!!!!!
FLOAT IS LOW, very good upside potential here
saw on a twitter feed that this is on EVERYONE's radar again. Looking for .0015 in a month. WHEEEEEEEEEEEEEEEEEEE!!!!! TO THE MOONN!!!!!!!!!!!!!!
MUTM ABOUT TO MAKE A COMEBACK!!!!
MUTM going to the MOOOONNNNN!!!!!!!!!!!!!
chic mgmt IS the CEO's COMPANY!!!!!! The freaking website I posted lists her contact info. You don't have to be a rocket scientist to see that if she only owns one company and buys a public shell what her intents are.
CHIC MGMT IS A REAL COMPANY
MUTM IS A REAL STOCK
CHIC MGMT IS A REAL COMPANY
MUTM IS A REAL STOCK
CHIC MGMT IS A REAL COMPANY
MUTM IS A REAL STOCK
CHIC MGMT IS A REAL COMPANY
MUTM IS A REAL STOCK
CHIC MGMT IS A REAL COMPANY
MUTM IS A REAL STOCK
CHIC MGMT IS A REAL COMPANY
MUTM IS A REAL STOCK
everyone can play this game, problem is most of us have lifes...
Well i like to focus on things like facts, such as the fact that the website which has been up and down for a while is up again (although crappy)...
http://www.chicmanagement.net/
Something is happening, and the amount of chatter on this forum supports the same...
ep's made mistakes! ep's made mistakes! lol people are crazy. EVERYONE makes mistakes including mgmt of companies however a much better indicator of a good investment is a review of what they HAVE done. We have discussed and could continue to discuss every little mistep they have made or we can look at the painting as a whole and consider the good vs the bad. The first thing that pops out at me when doing so is the reduction in the a/s, then you throw in no dilution, and a whole lot of transparency(tour of the office!) for a pink. Now compare that to the mistakes, misteps, and miscalculations that have been made and i think it is easy to see these issues are simply the result of doing business and the good FAR outweighs the bad. Anyone who has worked with a deadline or promise knows that they are not always met on time as exacerbating factors can always occur, but the good faith efforts of the company's management are obvious.
lots of new folks around now which is nice to see, just watch out for wolves in sheeps clothing. engineer, rylaw, speckulator, and a few others share some good info in here, everything else is questionable.
three options:
1. disgruntled anchor bay people manipulating - not very likely they have funds to keep it up for this long now.
2. same as above but with wild hunt people. i have to say i feel bad for them as the release date has changed multiple times with not a lot of communication from hh as to why. if there was i sincerely apologize as i may have missed it.
3. and the most likely imo, a former shareholder who has been "out" for a while but may in reality have been trying his hardest to keep the pps down to get AS MUCH AS POSSIBLE knowing this was going to become a much longer play than initially anticipated.
any way u cut it, it's manipulation and there HAS to be a motivation, only one i can think of is revenge, lol
right...don't worry I'm sure Anchor Bay will put out HTYMP before the end of 2011. LOL, oh but that would have been a great one to hold onto right??? LOL
WOW, read the filing, EP just pretty much threw down the gauntlet about where this company was heading. Feeling very good about my last year of buying up bits of TDGI. Good things to come 2011...
i dont trust anyone. the only fact is that people have and can make up anything they want. until its in a filing its all fiction
you obviously have no clue what your talking about as the music rights issue was related to htymp which we let go a few months ago. the audit is obviously being held back until they can release the info for this current qtr as it is going to hold racing dreams dvd sales and any presales of twelve. its just play sillines to think anything else
REDUCING THE SS FROM 10 BIL SHARES TO 700 MIL. It's a pretty big one to me and a sure sign that this IS NO SCAM. It's almost comical to think that someone would accuse a company of fraud when it is taking such actions.
ps. stuck with one post so i won't be able to respond if there is any kind of response you ask for.
WRONG, this will change once the freakin audit comes out. EP has only said it about a million times and we have every reason to believe that they have a lot of news because there were a lot of things starting to happen before they realized that everytime they released news without the audit numbers out already they were just wasting good news and PR money since it was doing nothing to the PPS. I am very happy that they have stopped putting out any into until the audit is released because then we can actually start having intelligent conversations around here again.
very odd to have 6 mil in vol on this, we all know you know who's position on this but I would like to hear from other shareholders that may have been quiet for some time. Any thoughts as to what *possibly* may be going on? I still think the CEO is a moron but did she finally find that out for herself and decide to sell the company?
Don't let naysayers alter your own DD. Facts don't lie and about the only thing that is an absolute fact which in no way can be disputed is that EP said he was going to REDUCE the 10bil a/s to 700 mil...which he did. If this isn't a sign that this is a completely clean company that happens to be having troubles getting things rolling as a new player in a big business in the middle of the biggest econmic decline in 80 years then I don't know what is. All in all I am not suprised EP's projections were not 100% but he still has yet to do anything that makes him untrustworthy or to cause so much concern and discussion about his intentions. Thus far I am happy with what I own but do wish that we could have made more progress in 2010 as it appears really game changing info is probably not going to come out until closer to the end of the year.
PS. As far as the audit goes, if we are still trying to uplist putting out PR's that show the audited financials and legal docs required to uplist, quarterly reviews of 2010, library valuation, inital DVD sales from 12, racing dreams, and either theater/DVD #'s for Girlfriend, info on terminator 3000, and all the other loose ends that need to be tied up including the international deals and purchase of additional libraries...should all help propel the price way beyond this level. If your in doubt just look at the market cap, it is way too low for the number of opportunities this company has and the value already built into the company, but most of us already knew that. Glad to finally have a break from the big squwackers around here too.
seems to be a nice eod push, lets go uwrl keep the upward climb going into the removal of CE, provides buyers for the profit takers and flippers and sustained upward movement. UWRL is going to ~.03 shortly, standby for takeoff.
Lets get her done today boys...13 days before encryptstick releases new product, hmmm, sound familiar. For those that were not around see G01G and what happened just before their new product rolled out and the CE was still present about to be removed. I am thinking we will have some steady upward movement and than an explosion once the pr's and ce come off. GLTA
to be fair that date is based on prior years info I.E. they usually put out financial info in the past around that date. That is not a date that has been set by the company which has been completely silent for some time now if not forever as I truly believe a lot of the emails posted up on IHUB were just complete fabrications. I am against bashing a stock for no reason but I am a shareholder who is starting to feel like this is an expired lotto ticket. Hopefully the CEO can get a "Public Companies for Dummies" book and get this thing turned around. Maybe I can get it for her for christmas, lol!