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This is exactly what the case is. Ive been in the loan business dealing with auctions of assets including cars and estates...I been looking up court records and/or cases regarding this company and IR and did not come across any files or anything...
Seizing asset is a VERY hard process. Even notifying other parties before any court proceeding is consider illegal. And auctioneer must also be licensed and bond. so everyone please calm down.
Here is what I think...if IR play this game right..he might get some Joe Blow out there to post that ad in the NYT so no one is responsible. Second...that is where that gmail email address comes from. So if we were to sue he will most likely deny any relationship or knowledge of this incident because it does not have any ties to him.
Another scenario is someone shorting or want to get in on svfc on cheapies might just randomly place this ad. (given that fact that IR might be his undisclosed friend) hehe.
usually if an auctioneer is doing this it will be a form of foreclosure notice accompany by court order and in some county the sheriff need to be notify to minimize your risk of a lawsuit
as a collector. Even A repo man have to notify the police when he takes your car away here people...
Now the fact that IR might post these notice at SVFC site and Victor throws them away and disregard them is another story. But I highly doubt anyone in the right state of mind having a patent to something he worked so hard for will do anything like this.
so base on my finding at this time...I highly think we are OK.
GLTA.
Thats funny bcus he thinks he's a king rather than a president.
His A$$ would be out of commission before FnF would, even if he did try to shut it down...and the next president will definitely
be smarter and leave FnF alone.
Making more a fool of himself.
Pissing in the rain.....
I m a long time holder with a lot of shares too but its just getting to me...I will not sell under any condition knowing reward/risk..
However either victor or anna should clarify whether or not the auction will happen or not and if the auction is gonna be carry on what does it includes.
As for all the +++ of this company I think everyone who is a long knows it.
As on your comparing CYTX to SVFC its like apple to oranges...CYTX ipo was at 12 and it was never a penny stock. !
I know reconfirming svfc is on the up and up be we as investor need some thing more tangible to be holding on to...
Go svfc
Dig deeper in WSJ and NIC article...you will find it... : ) Obama admin want AIG down..they acutally said "wind down".
I never kid around....especially to Myself...Maybe others do : )..
When was the last time anyone say to themselves man ive been working so hard...I will go out and reward myself today...
: )
GLTA Long Live FNF....
yes. That proved to US the power of the US president. He took this company down by 10 cent for one day.
GO FNF...
Big shot out to Obama for averaging down my buy to 1.417
GLTA..
Thank You Mr. Obama... loaded this at 1.35 now my average is 1.417 on 182k shares.....
He was wind to down aig...I made a killing...
The president of the US wow...took this stock down only 10 cent...
I don't know..the facts are obvious on where the power is ...its not in Obama hand for sure...
Oh they will people like that wont get far...they will
need that money for their medical bill or leg/limb .
that reporter will get it. Its media at its finest...
If you ask me its more like a bunch of BS.
More like "we take no interest in you company if it is Sh_t" but we will
when it becomes valuable.
Bunch of Thieves. These are guys are worst than hard money loan crooks.
I hope svfc sues his a$$ for punitive damages and taking shareholder values from this whole escapade.
long live SVFC
This is a scam at its finest....I bet you guys anything people from fox news including the janitor is buying and selling and/shorting this stock.. 3 days prior to earnings....common .... it doesn't take much to see I bet you Obama family and his admin is using this chance to buy and sell this cash puppy.
for all I know it takes 5 years to wind down..he got 3 years left...next president different agenda... during these three years left of his time...more buying and selling...what do you know...its like a atm for his followers and all the politician...F**)# them....
Long live FnF...
wow you own more shares than Fairholme Fund portfolio...they only got about 7 million shares of FnF commons.. ; )
I know but its so hard to resist. : )
you got to keep waving your hand when buzzing fly gets near
even though you know their life span is short and worthless.
THE BUCK STARTS HERE(FNMA)LAST WEEK TO LOAD
OVER A BUCK.NEXT WEEKS(FNMA) PPS SCHEDULE:(ALL PRICES ARE AFTER BELL)
MONDAY 2.28 PPS (SHORTIES START PANIC)
TUESDAY 3.98 PPS (SHORTIES START WETIN THEMSELF)
WEDNESDAY 4.78 PPS (SHORTIES GO INTO SHOCK)
THURSDAY 5.84 PPS (SHORTIES GO INTO COMA)
FRIDAY 6.76 PPS (THE END)
GO FNF
SHIRT. I WILL COVER @ 6.76 PPS (THIS IS WHEN MANY SHORTS WILL SELL THEIR BIKE AND START ASKING PEOPLE FOR RIDE AND HITCH HIKE)
I think if Mr. Warren went in and bought 1 share...just one...we will see this baby....your right qty does not matter...
long live FnF
why so early..need to load some more...
go fnf
Keep shorting all your shorties...and keep bashing...
for all I know...I either lose out on 50k (MY MONEY )or make 500k..what a trade off. no where in the world this odds/chance be avail.
Thanks again to all the bashers out there, putting out their free time doing DD for caring so much about me losing my own money. Haha..
But for all the shorties...good luck filling because you are selling what you don't even own...
LOCK AND LOADED with shares of FNF of course......GO FnF.....
hehe, well at least we know all the shares being dump does not come from this pile of 120m shares... : )
lets continue loading with cautions...
Yes sometime people knows exactly what it is but they are just pretending to play dead....a person with close to 50k worth of posts should understand very well what par value is..
but he is doing a good job...the stock is now lower so I can get in... : ) The fine world of otc (occupied by thieves and conman)
I think SGLB is doing the right thing by keeping silence.. sometimes in a situation like this its better to keep silence because the more you say the more differently people will analyze, interp..., etc. etc. Silence is GOLDEN! Time will tell
in the mean time let see when will this sell off end. I believe strongly in SGLB..ive been in it for so long.. they don't do news to pump like other...
pay no attention to this individual just ignore it..you can block his post so it does not show...I don't think anyone gives a *$(%) what it say...like an annoying fly that keeps on buzzing..
Bought more shares of FnF.Go FnF....
something really funny came to mind today.. all the Asian are buying up all the Mort. bonds and thrift FnF and the gov are offring....and then they are buying up all the homes at over asking price...so the are getting into the loans of which they are buying the bond for.. its a circle.
like they say the I don't think the increase home price and interest rate will hurt because the amount of money being poured into the USA is crazy. This is the truth...NO ONE can deny this. it sounds crazy that all money and jobs are being shipped oversea but in the end that wealth that was made elsewhere is being poured back into USA many times. Look at the data..
20 years ago a professor told me a recession like this will occur and it will allow us USA to evolve. its just we are evolving and those jobs will eventually not worth our time doing. Lets put it this way would you want to make a chair for 5 dollar or a chip that regulates someone heart for 1000x more money.
26k homes were all bought up in the CA.NV.AZ. area in the past 6 months by one company( starts with B). That company is holding on to it and selling it slowly so guess who is backing all those new loans up...FNF....
all the bashers cant do math so they cant imagine how big FnF profits will be in the near future. Within the past 50 years how many people like Corker try to shut FnF down without success. I bet you there are truckloads.
one should pray that that day never comes because if it does.. our children will NEVER be able to afford even a small condo...
Stay long And Strong
if that is it case what the *%&^ is hold this bb up.... there is a 440k on the bid block this morning... someone knows something...
hey Garyst..
im looking at the newest 8k file and can't help notice that the 8k reads
"At July 12, 2013, the Debtor had 197,078,767 shares of common stock issued and outstanding. Under the terms of the Plan, all such shares of the Debtor's common stock and any other equity interests in the Debtor will be cancelled on the effective date of the Plan and shares of New Common Stock will be issued to certain holders of allowed claims under the Plan"
so in this case will we be those "certain holders"
what is your input in this..are you till holding?
thanks
What the *$(% man..your link you provide us with your argument don't even work what does it say about one.
Anyone who is asking why dishonestmind and along4noride is bashing this stock...here is why...
Why? Dishonestmind and along4noride claim they don't own any shares of this worthless company..(they are telling the truth because they are shorting it....and are $hiting in their pants to cover when this stock goes up..They will do what ever it takes so you will panic and sell your shares so they can get it for cheap to cover their lost. they lost so much that is why they are constantly hammering and spamming this forum..) and if you look at their post its almost at the end of the trading session....they are panic to cover their shorts...haha...
Here is a solution everytime I see them bash I will buy more shares..do the opposite.
i don't think its a he. it pops up at the end over every session trying to scare people.... I thought it look more like some thing who knows.. man is a compliment for something like that your too kind....
just added 20k shares...to my collection...
Yes! not only this stock but all related stock in the finance/mortgage thrift. I been tracking this since 2009 and I just can stop thinking that you know...I think all those politician bought up everything on dips. I factor in citi, bac, aig, I think they would all be multi millions by now.
there is always a negative news before it skyrocket. like one day they would come out saying they are against such and such, brings the price downs and vola....they buy it.....
and the other thing is the media is helping them to amplify the negative news and then change their tone and make it a perfect condition when the stock is flying high... this happened to amazon..when I came in at $12 after sep. 11. I bet u all the politician ran out and bought stock on sept. 13 when the market reopen...
FNF is the same here...
Right on! Think of it this way folks..simply put this in prespective statistic you got 100k shares in FnF, from now till earning it drops .20 or .30 cents...so we look at it at 1.10 pps...(assuming you are investing in what you can only afford to lose) thats around 30k.
Lets say it goes up...Now we have all seen this thing skyrocket after earnings. lets say it goes up $5 at the minimum...you are at +500k market value.
You do the Math..I dont see any where in this world can you get this scenario....
If one has to worry so much..buy $500 worth of FnF shares if that is all you can afford to lose. lets say it drops to $1 you get $350 but if it gain on earning you get $1650. how about that..(approximate, you want to get technical use a calc. )
but that is all folks...GLTA..Long Live FnF.
And when this flies your either gonna be the F*&ker or be a F#*kee..thats life.....haha
YES!!! loaded 50k Average In at 1.41...I was waiting this for so long...got in at 2+ ....I feel so warm with all these shares...even though its not much...been playing this since pennies like .27...
made so much money with this and blew it all away vegas..... comparing this to MGM..this is far more better chances man...I don't know why people keep bashing.....what does it have to do with them...just shut up and either buy or sell....
trying going to vegas and bash while people play....I like to see that...u get ur a$$ kick.
And so what even if I blow it all away in FnF...Its MY money....NOT yours.....
thanks MrFence...and all the other who puts out the nice facts on this forum...