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The idea that so many people are out so many millions of dollars because he wouldn’t negotiate like a normal human being is disgraceful.
I can see why he blocks people, he’s probably the most hated man in the OTC right now.
One thing I like about you, even though we are almost dodfeeent sides of the same coin, is that you always make sense. You could have taken an easy opportunity for fear-Mongering here with the reverse split tall, but you didn’t.
Even if, as a major holder here, I often wish you were wrong. And I mean that in the most affectionate way possible!
I’m frustrated, I just know that there’s nothing I can do about it. I’d like to see this thing settled and over. But as it is I’m just strapped in for a bumpy ride.
Maybe if GS is forced to pay him cash value. 600 million shares at .005.
I agree on both counts. Mistakes all around, and shareholders suffered.
True, I certainly blame Calasse. I truly wish he had taken the 10 million. I also can’t understand why he wouldn’t take that, and then start a long drawn out fight. If he wins here, do you think it likely that Sharp doesn’t abandon the whole thing? What’s the point of owning 200 million worthless shares?
I mean, it certainly doesn’t seem like the move a good businessman would make, but what do I know?
Honestly, the fact that Sharp cratered the share price and lost his merger candidate because he wouldn’t give Calasse 25 million shares blows my mind.
Yeah, that part actually doesn’t bother me at all. No shame on cleaning up a shell and then finding a merger company. They’re always out there.
If anything, it helps put to rest the idea that he lied in the previous filings, and maybe even provides some ammunition against Calasse. In that, with the delays, he caused WNFT shareholders significant sums of money. Granted, I don’t know anything about law, so I could be completely wrong with that last point.
I would think so. Then we can comfort ourselves by watching GS call out all the tickers he thinks are scams while he oversaw WNFT’s 99% drop.
Im not actually too concerned about the case getting dismissed. If it does it does, if not, ok, Calasse gets another day in court. Who am I to say he doesn’t deserve one. I did find the court papers really interesting. I’m actually looking forward to how it folds out, simply as a curiosity.
The questions about being a party without being served, whether that’s actually necessary, the idea that a custodianship can be granted without service, it’s all very interesting.
I agree. So many cases are settled out of court, the biggest companies in the world settle because they know a protracted legal battle isn’t worth the cost.
I still would like to see GS settle and just move on. I know there are many people here who disagree with that and feel Calasse deserves nothing, but I don’t know what actually happened back then, so I can’t comment on what he does or doesn’t deserve.
All I know is that GS is fighting a battle that is absolutely gutting shareholders.
That being said, I think the end result is still a merger. From what I’ve seen of similar cases in the past, it’s likely Calasse doesn’t get every share, even with a win. Last time Lazar lost one of these court cases, the old owners got a bit less than a quarter of their shares back. Of Calasse can make a claim to 600 million (post split) I would think worst case scenario has him getting about 125 million. That’s a lot, but it can be added to the share structure without causing too much harm I think, and the merger can proceed.
If I’m fact a merger there is. Right now my opinion of GS is very low.
Right. This is basically the same thing as December of last year when this filing came out. If Calasse wins here he gets his day in court where he can resume the original case. A win here puts him back in the courtroom, where he still has to have the lower courts decisions overturned.
I’m not a legal expert, but other than adding more time to the case, which will of course hurt the share price because no one in the OTC likes to wait, not much has changed.
Me too. I still have my house, my kids. It’s not the end of the world.
And you as well. Mine are also from years ago, I just wish I had gotten rid of more than I did before this whole thing imploded.
I still think Calasse is going to put of the way eventually, but it’s hard to watch the bloodbath while we wait.
I probably will too, but I’m already really heavy into WNFT. But at .01 I probably won’t be able to resist grabbing a million more or so.
Certainly seems that way at this point. I did it to myself, so I can’t blame him, but I broke a lot of my own rules because I believed the hype.
I’m gonna stick around, because at this point I might as well, but I certainly wish I walked away from this thing years ago.
While I can afford to wait, I also would like to see a settlement. GS has watched the share price go from .75 or so down to .02, and possibly sub-penny next week. All that while talking down to shareholders, many of whom realized huge losses here, not to mention his famous “promised land” tweet.
Very difficult not to be angry at him here.
If the share cancellation was approved too early, and before Calasse had a chance to properly answer, wouldn’t that have been remedied in the second hearing? Since by that time he had time to prove he existed and answer the court?
I admit I don’t like the way Sharp handled this, but I’m not so certain that it’s a slam dunk for either party.
Ok, that sort of what I was thinking too. Thanks for the clarification!
I see that WNFT is down on this news, but I don’t think I totally understand. What does this change about WNFT?
I mean, I would love nothing more than for him to be right this time, but I can’t put any faith in it. I’ve been holding WNFT/GOFF since 2019, maybe even a bit earlier. I’m ready for this saga to end.
For real. I’m heavy in WNFT, heavier than I should be, but this baseless pumping is just as bad as baseless bashing.
Interesting. I’ve actually been in a few Lazar plays, I’ve done well by him.
This is my first Sharp play. We’ll see how it goes. I will admit, I fell victim to the hype.
So out of 8.5 billion they were ordered to give them the value of around 2 billion? Less than a quarter?
Did they award them shares or have to convert to pay the debt and give them cash value?
I wasn’t involved in that one, genuinely curious.
True enough, no counting chickens until chickens are hatched. The events of last July taught me that lesson, and hard.
I’d love to see a win here and for this to fly, I’m holding quite a lot.
But I’m not celebrating until the ink is dry.
When that happens tho, I’m gonna throw some party!!!
Ha, I hear that!
Even if I just go by my own experience, every project I ever had to do was done the night before, total crunch time.
I can’t really say anything about waiting until the last minute!
I’d think Calasse will at least file a response. Whether that response es enough to change the decisions laid down so far so another matter. But I don’t necessarily think it will be over this week.
Would be great if it was tho!
I’m not going to count anything as done or ready to go until I see that Callasse is officially out the picture and everything here is green lit. I’d love to be totally confident about the outcome, but I don’t know enough about the law. I hope this is over this week, but I’m not counting on it. I’m still prepared to hold into next year. But it sure would be great if that timeline was shortened a bit!
Great, maybe I’ll try him than. It’s getting to be quite a while here.
Great, thank you!
Any word on the contact a few of you made with lawyers regarding KAST? And for those of you that did, could you repeat the lawyer information? I’d like to write him also.
Ha, ain’t that the truth
Roughly 100k in buys, 4500 in sells. Down 8%
Let’s hope people aren’t. I can’t imagine the transcripts are going to be a huge material event, and I’d hate to see another drop because people their faith in another made up catalyst.
I don’t expect October 27 to have any meaning whatsoever.
I don’t think so either.
If it hits .005 I’ll add 10 Mil. Let’s get nuts.
As much as I’d love to see good news sooner, I have to agree. I think it’s that sort of wishful thinking that’s causing these big dips. If everyone understood that this will mostly likely go into the new year than GS’s tweet that he’s not giving updates or a timeline would be nearly meaningless.
I know we’ve said this before, but we have to be ready to ride this out. Or not, of course, a lot of people will sell. And I totally understand that choice. I wish I had gotten rid of many more than I did before July 8. But I never really expected to see any good news come this year, but after everything that’s happened.
I’m just going to ignore it as best I can’t. See what happens when it’s all over.
Admittedly, it’s hard to watch my account get crushed like this, but it’s the game sometimes.
Yeah. Honestly makes me wish even more that George had just settled with him. Whatever it took to get this thing over and done with. Now we’re really mired in some shit.