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.
Most of those were probably folks averaging down.
Now it's Friday but you said it was going to happen today. You are losing credibility by the second.
Not uncommon when management is changed. Phone still works but no extensions. If you owned the company you wouldnt want people answering the phone that have or are about to be let go IMO. Makes sense why they also have an IR group now. When all is straightened out and new management team is in they will reactivate the extensions and probably let go of Surety IR group.
A procedural device used during civil litigation to promptly and expeditiously dispose of a case without a trial. It is used when there is no dispute as to the material facts of the case and a party is entitled to judgment as a Matter of Law.
Any party may move for summary judgment; it is not uncommon for both parties to seek it. A judge may also determine on her own initiative that summary judgment is appropriate. Unlike with pretrial motions to dismiss, information such as affidavits, interrogatories, depositions, and admissions may be considered on a motion for summary judgment. Any evidence that would be admissible at trial under the rules of evidence may support a motion for summary judgment. Usually a court will hold oral arguments on a summary judgment motion, although it may decide the motion on the parties' briefs and supporting documentation alone.
The purpose of summary judgment is to avoid unnecessary trials. It may also simplify a trial, as when partial summary judgment dispenses with certain issues or claims. For example, a court might grant partial summary judgment in a personal injury case on the issue of liability. A trial would still be necessary to determine the amount of damages.
Two criteria must be met before summary judgment may be properly granted: (1) there must be no genuine issues of material fact, and (2) the Movant must be entitled to judgment as a matter of law. A genuine issue implies that certain facts are disputed. Usually a party opposing summary judgment must introduce evidence that contradicts the moving party's version of the facts. Moreover, the facts in dispute must be central to the case; irrelevant or minor factual disputes will not defeat a motion for summary judgment. Finally, the law as applied to the undisputed facts of the case must mandate judgment for the moving party. Summary judgment does not mean that a judge decides which side would prevail at trial, nor does a judge determine the credibility of witnesses. Rather, it is used when no factual questions exist for a judge or jury to decide.
The moving party has the initial burden to show that summary judgment is proper even if the moving party would not have the Burden of Proof at trial. The court generally examines the evidence presented with the motion in the light most favorable to the opposing party. Where the opposing party will bear the burden of proof at trial, the moving party may obtain summary judgment by showing that the opposing party has no evidence or that its evidence is insufficient to meet its burden at trial.
Jurisdictions vary in their requirements for opposing a summary judgment motion. Federal rule of civil procedure 56 governs the applicability of summary judgment in federal proceedings, and each state has its own rules. In some states it is sufficient if the party opposing the motion merely calls the court's attention to inconsistencies in the pleadings and the movant's evidence without introducing further evidence. This approach rarely results in a court's granting summary judgment. On the other hand, other jurisdictions, including federal courts, do not permit a party opposing summary judgment to rest on the pleadings alone. Once the movant has met the initial burden of showing the absence of a genuine issue of material fact, the burden shifts to the opposing party to introduce evidence to contradict the movant's allegations.
Hi I just got off the phone with the http://www.orleanscdc.com/ district court office. I was told that on Jan 31 2013 a rebuttal memorandum was filed with Paxton vs montecito. There was a partial summary judgement according to the clerk.
Lots of sharks circling around the boat playaaaars. Don't fall of the boat as you will be eatin
Good luck with that. Lol
Hate to be caught without shares if we get taken over by one of these big playaaaars
My shares are locked in at $1.50
Now that's sexy
Yes Sir I agree. EOW should see solid gains
It's like a poker game. Bears got a flush and bulls got the full boat. Bulls check and Bears raise. Good luck playaaaars
Now we are ready for the next leg up
You may wanna drink some coffee and wake up. Lol
Well that's funny cause I don't see it on there. But hey even MJNA is on that list.
Like a cat try to get out of water.lol
Here we go $$$$$
Not to worry I will be there to pick up some shares. IMO I think many of us will be there to pick up your shares. Just so we know, how many shares will you be putting up on the ask?
Nice post XZX.
I agree.
IMO we will see 5's and 6's Monday. Too many people averaged down to this level or better. You would have to be nuts to sell now with all we have been through the past year. We have all been here waiting for these loans in order to develop VM179. Too much upside IMO. GLTY GO WGAS GO $$$$$
As they say "now we're cooking with gas"
Totally good with me. I'm gonna grab another 200k in shares.
It could be the shot heard thru pennyland. Gonna be some fun times ahead. Boy am I gonna sleep good tonite.
Sorry I meant XZX. Damn ipad
Certainly glad I didn't sell. I have been in the stock since before the R/S. I averaged down to the point of insanity but hung in there and now it should pay off. I can't help but feel bad for the folks that bailed on this stock with huge loses. Now might be the time to get back in as the boats now leaving playaaaars. I'm so sick of that word. I would like to say Thanks to XYZ your wisdom and knowledge has been very helpful. I have been reading your posts since the day I first bought stock here. If it wasnt for the great information and possible outcomes you suggested I probably woulda took the loses and left. We have all had quite the roller coaster here for sometime but now we have a game changer. GLTA and GO WGAS GO $$$$$$
I called IR today. I asked what the hell is going on. I was told they are still waiting on news. I said well I asked about that a month ago and you said it would be within a couple of weeks. They said sorry but they are still waiting to release news and he sounded like it was going to be real soon. I was told they are waiting on news just like everyone else. I asked about Tony and Mustang Island and they had no information or comment other than to say that they expect some real big news for VM179. I asked about the phones being down at Worthington and was told they are working on it. I asked that this sure sounds like bankruptcy. I was told there is no way and can guarantee you that there will be no bankruptcy. I said look how do you explain the massive drop in pps. He said that they have had a lot of calls with the same complaint and there should be news coming out soon just hang in there VM 179 should be big. Exxon and EXXI are drilling or something to that extent and its looking good. I said you guys better hurry up as there are a lot of shareholders that are pissed off and have lost a serious amount of money. I was told hang in there news will be out as soon as they receive. I asked what about the website and it shows no well anymore and no Tony as the CEO. I was told that they are a merger and acquisitions company and that the website is being worked on and news will be out shortly. IMO I guess we will see if news comes out soon, or shortly.
Hey Beek. I don't really know you but I have read your posts and hey your opinion is yours and no one else's. We are all entitled to our own views and opinions on this stock or any other for that matter. If no one had any opinions or views this board wouldn't exist. GLTY and all ICNBers.
Hmm, my gut says something big is coming down the pike.
Wouldn't exactly call it epic. More like a good start to possible recovery if you wanna call it that.
Last call c'mon 10s
C'mon lets hit 10 go go go
Slap that AS@
Why oh why do I keep buying this pos. shoulda stayed with my other play. Hindsight will get you every time. I'm tired of the avg down crap. I'm not buying anymore and if this pile of crap gets flushed well I rider down the bowl into oblivion and be a bag holder. I don't believe anything about this company at this point as I was told by IR news was to be real soon, well that was over 2 weeks ago. I feel like I've been bent over and drilled. It's to bad our CEO doesn't give a shit. Pretty much worthless junk is what I see now. I can imagine if this this gets gonna old Mason and cronies will pull another reverse split outta their @sses again. Good grief.
Nice post. Here, here GO WGAS
Can't say for sure. I was told very soon. Could be a few days to a few weeks. I suggest calling IR Bruce Weinstein at surety and ask.
News will be forth coming very soon
I was told now that mustang island is producing they will use some of this money towards debt. If you want to confirm just call them.