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So I guess what you are saying is that Darcy took
out loans and enriched himself with said loans then
started to bitch and moan about the loans.
That's interesting... 🤔
D_DOG
LOL, now that was funny.
But I don't need em....
Might of had 2 in my lifetime
D_DOG
My gut tell me that there is a lot more going on in the back ground than many understand,
the recent SEC motion cracks open the vail to peek behind the scenes of the world of toxic
lending, their access to everything will most likely have no limits. The age of toxic lending
that has plagued the stock markets forever is being looked at with a FINE TOOTH COMB.
RE:Homebrew
Re: Diamond_Dog post# 79922
Saturday, January 06, 2024 9:28:02 PM
Post# 79923
of 79924
"Stinky-Pinky garbage "companies" take out toxic loans for insider enrichment, then they bitch and moan about the loans.
Hypocrites."
The days of lenders getting discounted shares and crushing their customers stock price by
selling off those shares for profit and then once the PPS depreciates they then again acquire
more shares illegally (non-reported) then once again sell those shares further crushing the
companies PPS.
The big issue is that the profit that they make goes way beyond the legal usury interest rates
set by many states and thus invokes a criminal investigation into the ill- gotten profits.
It's those actions that had a cause and effect type of situation that destroyed many investors
value in said stocks.
It's funny how many think that their actions will not put them at one point in front of a Judge,
it may just end up as a misdemeanor offence or not but but even at that it will deff be a major
inconvenience for sure.
Culpability for actions can very easily tie them into the grand scheme that the SEC is presently
dealing with, at that point they are labeled as co-conspirators.
AS I STATED I TRULY BELIEVE MANY ARE IN FOR A WAKE UP CALL
TICK TOCK
D_DOG
You tell me, I know there were transactions way back but off the top
of my head I couldn't say at the moment.
I'm more interested in how these cases play out in the courts.
New laws are populating on the books and will serve as precedent
for future cases, especially if transactions took place in NY, they
have usury limits that trigger high interest charges by toxic lenders.
The DarkPulse, Inc. et al v. Crown Bridge Partners LLC et al case has
limited Redhawk involvement but the RICO clause that is being sought
makes it interesting to follow.
D_DOG
Also: DarkPulse, Inc. et al v. Crown Bridge Partners LLC et al
Friday, January 05, 2024
50 order Order Referring Case to Magistrate Judge Fri 01/05 5:06 PM
ORDER REFERRING CASE TO MAGISTRATE JUDGE. Order that case be referred to the Clerk of Court for assignment to a Magistrate Judge for Specific Non-Dispositive Motion/Dispute: All post-judgment discovery matters, inclusive of the motion entered at Dkt. No. 48. Referred to Magistrate Judge Stewart D. Aaron. SO ORDERED. Motions referred to Stewart D. Aaron. (Signed by Judge Victor Marrero on 1/5/2024) (jca)
Thursday, January 04, 2024
49 respm Response in Opposition to Motion Thu 01/04 3:34 PM
LETTER RESPONSE in Opposition to Motion addressed to Judge Victor Marrero from Jeffrey Fleischmann dated January 4, 2024 re:48 LETTER MOTION for Extension of Time addressed to Judge Victor Marrero from Plaintiffs dated December 29, 2023. . Document filed by Sepas Ahdoot, Soheil Ahdoot, Crown Bridge Partners LLC..(Fleischmann, Jeffrey)
Friday, December 29, 2023
48 motion Extension of Time Fri 12/29 12:28 PM
LETTER MOTION for Extension of Time addressed to Judge Victor Marrero from Plaintiffs dated December 29, 2023. Document filed by DarkPulse, Inc., Redhawk Holdings Corp., Social Life Network, Inc...(Benzenberg, Eric)
Still in play......
D_DOG
SEC seems to be digging in deep for personal information on those involved with LG Capital:
Securities and Exchange Commission v. LG Capital Funding, LLC et al
Friday, January 05, 2024
65 motion Protective Order Fri 01/05 4:07 PM
Joint MOTION for Protective Order by Securities and Exchange Commission. (Romajas, Suzanne)
Att: 1 Proposed Order (Proposed Confidentiality Order redlined against Template)
Peeling back the layers to see what they can find and that's pretty much EVERYTHING once they start
D_DOG
Same to you as well Sony, the upcoming New Year gives us a chance to start
fresh in our lives and I think Redhawk will give us that opportunity finally.
Happy New Years to All
D_DOG
DarkPulse, Inc. et al v. Crown Bridge Partners LLC et al
Friday, December 29, 2023
48 motion Extension of Time Fri 12/29 12:28 PM
LETTER MOTION for Extension of Time addressed to Judge Victor Marrero from Plaintiffs dated December 29, 2023. Document filed by DarkPulse, Inc., Redhawk Holdings Corp., Social Life Network, Inc...(Benzenberg, Eric)
The NYC Judge wants to sweep this under the rug and move on....
SHOCKING ISN'T IT
TIME, TIME, TIME, IS ON OUR SIDE
D_DOG
Maybe someone like me, with basic reading skills took the time
to read the factual background, it is quite clear with everything written
out in black n white.
Who knows, but the one thing that I did get out of reading it is that
someone owes Redhawk over $50,000,000 and will eventually be
writing checks.
If the Federal Judge rules in Redhawks favor and I honestly think he
will and then they choose to appeal everyday will cost them over !0K
in interest alone, that's not counting the legal fees.
D_DOG
D_DOG
The Louisiana Western District Court with the Honorable Judge David C Joseph
HIS ONLY JOB IS CONFIRMING THE ARBITRATION CASE BASED ON THE
INFORMATION PRESENTED TO THE COURT:
Nature of Suit: 896 Other Statutes - Arbitration
Cause: 9:9 Motion to Confirm Arbitration Loan
D_DOG
The judicial interest for the year since May, 1st added $1,953,168.76
to the $3,365,092.47 in pre-award interest already due.
If my numbers are right that's $5,318,261.23 owed just in judicial interest at
the end of 2023
2024's daily interest rate increase takes the total to about $10,775 per day.
As stated before the Federal Judge isn't hearing this case for it's validity, that
has already been determined by the JAMS Judge and the well documented
paper trail of correspondence to the defendants.
N95's defense is: WE WEREN'T NOTIFIED
There are multiple exhibits showing attempts made to contact the defendants, some
of those attempts were made by the JAMS court itself, I LOVE THIS PART:
On January 12, 2023, JAMS provided written notice to all parties of the scheduling of a final status
teleconference on February 15, 2023, and also notice of the arbitration hearing on February 22, 2023.
I'D LOVE TO SEE THEIR LAWYERS TELL THE JUDGE DURING THE ORAL MOTION THAT
THEIR DEFENDANTS WEREN'T NOTIFIED, ESPECIALLY SINCE JAMS PROVIDED WRITTEN
NOTICE TO ALL PARTIES ON JAN. 12, 2023
D_DOG
You're welcome,
same to you and yours
D_DOG
Judicial Interest is still accruing, the rate may be getting adjusted to Louisiana's
Judicial Interest Rate of 8.75% come 2024.
https://www.lsba.org/Members/JudicialInterestRate.aspx
[59].
Interest on contract damages. Under Louisiana law, "damages for breach of contract are due from the moment of an active violation of a contract and from the time that a debtor is placed in default if the breach is passive." Thomas B. Catchings & Assocs. v. City of Baton Rouge, 621 So. 2d 768, 768-69 (La. 1993) (citing Alexander v. Burroughs Corp., 359 So.2d 607 (La. 1978)). RedHawk is entitled to pre-award interest on its contract damages from the date of N95 Shield’s default, June 24, 2021 (the first day after it failed to perform its duty to deposit funds into escrow), until the date of the final award, accruing at the applicable Louisiana judicial interest rates of 3.5% through December 31, 2022 and 6.5% since January 1, 2023. See La. Stat. § 13:4202(B)(1); see also La. Office of Financial Insts., Judicial Interest Rates, http://www.ofi.state.la.us/Legal%20Judicial%20Rate.htm.
[60].
The pre-award interest is calculated as follows:
June 24, 2021 to December 31, 2021: $823,262.33
(191 days @ $4,310.27/daily @ 3.5%/year)
January 1, 2022 to December 31, 2022: $1,573,250.00
(365 days @ $4,310.27/daily @ 3.5%/year)
January 1, 2023 to May 1, 2023: $968,580.14
(121 days @ $8,004.79/daily @ 6.5%/year)
[61].
For a total of $3,365,092.47 in pre-award interest.
[62].
RedHawk also shall be entitled to post-award interest on its contract damages at the Louisiana judicial interest rate. See La. Stat. § 13:4202(B)(1).
$$$..WHO DOESN'T LIKE RECIEVING COMPOUNDED INTEREST..$$$
D_DOG
An excerpt from the JAMS proceedings stating that there was more than
adequate funding available to actually do a $950,000,000.00 deal.
Exhibit B: The Letter of Attestation from Jennifer Opoku-Asare of Asare Law Firm, LLC addressed to Red Hawk Medical, dated June 3, 2021, representing the availability of funds in the amount of $24,400,000,000.00 "for the purchase of the authentic PPE Product for the sale, supply & distribution to Government, FEMA, Federal, State & Private Healthcare, 1st Responders, Medical Workers, Federal Employees, and or other Non-Retail users and its affiliates."
This massive order was questioned by some, rightly so but the availability of funds
for such order was part of Redhawks due diligence at he the onset of the order.
Their legal supplied the Letter of Attestation stating the availability of funds in the
amount of $24,400,000,000.00 dated June 3, 2021.
At this point the corporate entities that control the $24,400,000,000.00 are feeling a
little concerned being they are on the hook for the Sales and Purchase Agreement
dated as of June 22, 2021. This entire situation is new ground in the legal system but
it did follow the contractual remedies set in the contract.
If their insurance does not cover the award in it's entirety individuals may be held to
pay the difference.
Future cases will be referencing the final out come of this case due to
the size of this award and the legal interpretation by the judge which will create new law.
I originally thought this was a quick process being the JAMS award seemed straight forward,
this changed once N95 Shield's lawyers showed up along with their insurance lawyers.
If N95 stayed the course and failed to acknowledge I think it would have been ruled on
based on the contract itself.
Everything changed once they realized this could not be ignored any longer.
D_DOG
An FYI: It is still possible to transfer shares to other accounts if one wanted to gift
shares to someone it can be done.
Gifting shares at this point didn't create a taxable event from what I gathered due
to the present pricing.
At the last moment before the revocation it was .0000001 if I remember correctly.
Depending on the account it is sent to the tax will be levied once the shares in said
account are sold at the current tax % at the time of sale whether it is a cash account
or a distribution if in a IRA or ROTH
Check with your tax person...
I was able to have shares journaled over to another persons account as a
gift, (think child or grandchild)
D_DOG
"When the day comes you can bring some of that coal to Louisiana."
Your Friends at Redhawk
D_DOG
WoW
Merry Christmas to You Too
D_DOG
I wanted to Wish Everyone a Merry Christmas and a Happy Healthy New Year.
"Faith is believing when common sense tells you not to."
Happy Holidays
D_DOG
Thank You for your wizdumb.
D_DOG
NOPE, those are your words.
D_DOG
I guess you are calling Darcy a THEIF,
is that what you mean?
D_DOG
Anything is possible but I can tell that you've never taken the time
to know Darcy Klug or to read up on who and what he does.
I don't exactly what the future plan is but I'm comfortable just knowing
what I do know about Darcy.
I'd suggest giving him a call, (337) 269-5933
Best of Luck To All
D_DOG
As a rough total it is approaching $51,000,000.00 owed and I'm pretty
sure the additional legal fees will be added as well , I'm also sure they
will attempt to do a deal but as it stands:
$$$..IT IS WHAT IT IS..$$$
AND I LIKE IT
D_DOG
I was just thinking about the Judicial interest that compounds daily, from
June 1, 2023 to Dec. 31, 2023 (214 days) the additional interest is close
to or slightly more than another $2,000,000.00 added to the amount owed
per the arbitration award.
"On February 22, 2023, a binding arbitration hearing was held in Lafayette, Louisiana.
On May 1, 2023, RedHawk Medical was awarded a monetary judgment (“Judgment”) in the amount of $44,950,000, plus, attorney fees and arbitration costs in the amount of approximately $69,000, and judicial interest from June 22, 2021 until paid. As of May 1, 2023, accrued judicial interest totaled approximately $3,400,000.
$$$..The Judgment is not subject to appeal..$$$"
With the increased interest rate the Judicial interest might have increased in kind.
As of November 1, 2023, the current prime rate is 8.50%
LET IT ROLL
D_DOG
On another note I wonder the extent of their insurance coverage, if it doesn't
cover the full amount of the ruling I'm guessing some will be held accountable
for the balance of whatever the insurance doesn't cover.
Could get very interesting if personal assets get tapped, lets just hope they
have an awesome insurance policy.
D_DOG
1/17/24 may lead to a decision from the bench or a settlement from the insurance company,
either way clarity will be in our sights with the N-95 case.
With clarity comes $$$$$$$$ whether it is ruled that very day being the Judge already has
everything pertaining to the case already in front of him.
Everything is signed by Hon. Michael Massengale the arbitrator from JAMS. Either way
the Judge will hear any last ditch effort by their defense on the 17th, I don't see anything
that they can hang a hat on but they will try.
I'm pretty sure our legal feels real good going forward but still keeping their eyes wide open.
TIC TOK
D_DOG
Here's to a good ORAL argument on 1/17/24, who
doesn't like a good ORAL from time to time.😳
D_DOG
FYI: $$$..JAMS,, Judicial Arbitration and Mediation Services, Inc. was the agreed route by
both parties to be used in case of a dispute...$$$
This matter came to arbitration in accordance with paragraph 25 of parties’ Sales and Purchase Agreement dated as of June 22, 2021. Paragraph 25 provides:
If a claim or controversy arising out of or relating to this Agreement, the performance or non-performance of obligations, the quality or appropriateness of the Products, such dispute shall be determined by final and binding arbitration before...the Judicial Arbitration and Mediation Service ("JAMS").... The arbitration...shall be administered by and in accordance with...the then existing JAMS Streamlined Arbitration Rules and Procedures.... In rendering the award, the arbitrator shall determine the rights and obligations of the Parties according to the substantive and procedural laws of Louisiana.... Should either Party refuse or neglect to appear or participate in the arbitration proceeding, the arbitrator is empowered to decide the claim or controversy in accordance with the evidence presented.
I CAN NOT SEE THIS GOING ANY OTHER WAY THAN IN REDHAWK FAVOR
BASED OFF THE INFO AVAILABLE AND IT LOOKS LIKE $$$$ TO ME
D_DOG
Nullification of Defenses claim of failure to notify
Summary:
STRIKE ONE:
On May 20, 2022, Claimant RedHawk Medical Products & Services, LLC filed with
JAMS its Request for Arbitration for a breach-of-contract claim against Respondent
N95 Shield LLC. Counsel for RedHawk later filed a certificate of service attesting to
serving on June 7, 2022, a demand for arbitration on N95 Shield "via Federal Express,
Tracking Number, 7770 6560 0379, addressed to 1635 E. Orange Wood Street, Gilbert,
Arizona 85296." A package with that tracking number was delivered by FedEx to that
address on June 8, 2022. Ex. F.
STRIKE TWO:
A preliminary conference was conducted on January 11, 2023. RedHawk appeared
through counsel but N95 Shield did not appear.
On January 12, 2023, JAMS provided written notice to all parties of the scheduling of a final
status teleconference on February 15, 2023, and also notice of the arbitration hearing on
February 22, 2023.
$$$.STRIKE THREE, IMHO = THE MONEY SHOT.$$$:
Understanding Legal Service Of Process:
Methods Of Making Long-Arm Service, Louisiana:
Long-Arm Service on a Non-Resident of Louisiana (Inside the USA)
Step 1: First, a certified copy of the petition and the citation should be obtained
from the Clerk of Court. The filing party is responsible for obtaining a certified
copy of their pleading or other document from the Clerk of Court to provide to
the other party. There is a small fee for getting a certified copy from the court.
Step 2: Second, the filing party should send the certified copy to the
out-of-state party. The filing party must send the certified copy in one of
the following ways:
by registered or certified U.S. Mail or commercial courier;
DONE DEAL
D_DOG
From what I seen so far with the Redhawk v N95 case, the defendant N95 is going the route
of hey we were never notified or the dog ate my mail excuse that didn't work in high school
but they are still going that route.
Well here is the necessary and approved method that is used in Louisiana, Long-Arm Service
(Details below) and not only did the company send notification but :
On January 12, 2023, JAMS provided written notice to all parties of the scheduling of a final
status teleconference on February 15, 2023, and also notice of the arbitration hearing on
February 22, 2023.
FYI: JAMS,, Judicial Arbitration and Mediation Services, Inc. was the agreed route by
both parties to be used in case of a dispute.
Procedural background
[9].
On May 20, 2022, Claimant RedHawk Medical Products & Services, LLC filed with JAMS its Request for Arbitration for a breach-of-contract claim against Respondent N95 Shield LLC. Counsel for RedHawk later filed a certificate of service attesting to serving on June 7, 2022, a demand for arbitration on N95 Shield "via Federal Express, Tracking Number, 7770 6560 0379, addressed to 1635 E. Orange Wood Street, Gilbert, Arizona 85296." A package with that tracking number was delivered by FedEx to that address on June 8, 2022. Ex. F.
[10].
On July 8, 2022, RedHawk submitted its "Amended Claim." In that document, RedHawk’s counsel attested: "A copy of this Amended Claim was sent to N95 via Federal Express, Tracking Number 7773 37826291 on July 8, 2022." A package with that tracking number was delivered by FedEx to Matt Miller, N95 Shield, LLC, 1635 E Orangewood St., Gilbert, Arizona 85296-2627 on July 11, 2022. Ex. G. RedHawk requested that the arbitration proceedings be commenced immediately based on N95 Shield’s alleged refusal or neglect to participate in the proceedings.
[11].
After the appointment of the undersigned arbitrator, JAMS provided written notice to all parties on November 30, 2022, of the scheduling of a preliminary arbitration management teleconference on January 11, 2023.
[12].
A preliminary conference was conducted on January 11, 2023. RedHawk appeared through counsel but N95 Shield did not appear. See Report of Preliminary Conference and Scheduling Order No. 1. The undersigned arbitrator determined that as of the date of the order, N95 Shield had failed to participate in the arbitration process, and that N95 Shield likely would not participate in the hearing. Accordingly, the hearing was scheduled to be conducted on February 22, 2023 at the offices of The Toce Firm, APLC, 969 Coolidge Blvd., Lafayette, Louisiana 70503. See id. at ¶ 9(a); JAMS Streamlined R. 14(b). Due to the nonappearance and nonparticipation of N95 Shield, the parties were required to serve all documents on opposing counsel in accordance with Rule 5(e) of the JAMS Streamlined Arbitration Rules & Procedures, i.e.:
For documents that are not filed electronically, service by a Party under these Rules is effected by providing one signed copy of the document to each Party and two copies to JAMS. Service may be made by hand-delivery, overnight delivery service or U.S. mail. Service by any of these means is considered effective upon the date of deposit of the document....
[13].
On January 12, 2023, JAMS provided written notice to all parties of the scheduling of a final status teleconference on February 15, 2023, and also notice of the arbitration hearing on February 22, 2023.
Methods Of Making Long-Arm Service:
Long-Arm Service on a Non-Resident of Louisiana (Inside the USA)
A sheriff in Louisiana is only authorized to make service of process within the state of Louisiana. The Clerk of Court where the petition has been filed will not arrange service on out-of-state defendants. It is the responsibility of the petitioner to arrange service.
How to Accomplish Long-Arm Service
Step 1: First, a certified copy of the petition and the citation should be obtained from the Clerk of Court. The filing party is responsible for obtaining a certified copy of their pleading or other document from the Clerk of Court to provide to the other party. There is a small fee for getting a certified copy from the court.
Step 2: Second, the filing party should send the certified copy to the out-of-state party. The filing party must send the certified copy in one of the following ways:
by registered or certified U.S. Mail or commercial courier;
by an officer authorized to make service where the defendant resides; or
by a private process server authorized by the Court.
By Registered or Certified U.S. Mail or Commercial Courier
Long-arm service by registered or certified U.S. mail must be properly addressed to the party at their place of domicile or postal address and mailed with proper postage. This type of service may also be accomplished by use of a commercial courier such as FedEx or UPS. Whether a commercial courier or the U.S. Postal Service is used, a proof of delivery receipt or a delivery confirmation is required.
When service is accomplished by registered or certified U.S. Mail or commercial courier, an Affidavit of Long-Arm Service must be prepared and filed with the Court.
If service was accomplished with registered or certified U.S. Mail, the Affidavit of Long-Arm Service must state that the filing party mailed process to the defendant, enclosed in an envelope with proper postage and properly addressed; identify the contents (citation and certified copy of the petition) of the envelope; and the date it was deposited in the U.S. mail. The U.S. Mail return receipt card (green card) must be attached to the affidavit.
If you utilized the services of a commercial courier to make delivery of the process to the defendant, the Affidavit of Long-Arm Service must state the name of the commercial courier; the date; the address at which the process was delivered to the defendant. To this affidavit, the commercial courtier’s confirmation of delivery must be attached.
The procedural process was followed to the letter so now at least with this case it is simply a matter of waiting for the oral argument on 1/17/2024 at 10:00 AM in Lafayette, Courtroom 1 before Judge David C Joseph. Signed by Judge David C Joseph on 12/13/2023. (crt,LaCombe, L)
$$$.I'm not sure if the ruling will happen on that day but is doesn't sound like N-95 has any legal ground to stand on at all.$$$
D_DOG
That is the SEC v LG Capital case that has the extended time frame, it is
relevant but shouldn't impede the company from moving forward.
I'd say the Redhawk v N95 case is the one to watch along with the Dark Pulse,
Redhawk et al case would have a huge impact.
We'll have to see what develops in January, I keep thinking about the almost 9K
per day interest that keeps accumulating.
D_DOG
Redhawk Medical Products & Services L L C v. N95 Shield L L C
Wednesday, December 13, 2023
33 order Order on Motion for Hearing Wed 12/13 4:00 PM
ELECTRONIC ORDER: Granting32 Motion for Hearing re25 MOTION to Vacate Arbitration Award by Redhawk Medical Products & Services LLC. Motion set for oral argument on 1/17/2024 at 10:00 AM in Lafayette, Courtroom 1 before Judge David C Joseph. Signed by Judge David C Joseph on 12/13/2023. (crt,LaCombe, L)
32 motion Hearing Wed 12/13 9:41 AM
Oral MOTION for Hearing re25 MOTION to Vacate Arbitration Award by Redhawk Medical Products & Services L L C. Motions referred to Carol B Whitehurst. Motion Ripe Deadline set for 12/13/2023.(aty,Welborn, Jason)
Att: 1 Proposed order
utility Motions Transferred Wed 12/13 10:21 AM
Motions Transferred regarding32 Oral MOTION for Hearing re25 MOTION to Vacate Arbitration Award . Motions referred to Judge David C Joseph. (crt,Crick, S)
D_DOG
I have to reread this tomorrow but from
a quick look it looks like I was wrong
about this being finalized in the near
future.
Wednesday, December 13, 2023
minutes Initial Conference Hearing ~Util - Set Hearings Wed 12/13 2:15 PM
Minute Entry for Initial Conference Proceedings held on 12/13/2023 before Magistrate Judge James R. Cho. Appearances by Suzanne J. Romajas and Elliot Weingarten for plaintiff Securities and Exchange Commission (SEC); Ernest Badway on behalf of defendants LG Capital Funding, LLC (LG Capital), Joseph Lerman (Lerman), Daniel Gellman (Gellman), and Boruch Greenberg (Greenberg) (together, the "LG Capital Defendants"); and Jerome M. Selvers for defendant Eli Safdieh (Safdieh). Case discussed. The Court heard argument from parties regarding the disputes in their Joint 26(f) Report64 , including the number of depositions, number of interrogatories, and deadline for completing fact discovery. The Court entered the following pretrial schedule: parties to exchange automatic disclosures by 1/5/2024; no amendment of the pleadings or joinder of additional parties permitted after 4/1/2024 without good cause; and parties to complete fact discovery by 12/10/2024. By 1/5/2024, the parties shall move for entry of a protective order as it relates to production of confidential documents. The Court entered the following expert discovery schedule: parties to identify their experts and subject matter by 11/26/2024; exchange expert reports and information by 1/9/2025; exchange rebuttal expert disclosures by 2/10/2025; and complete all discovery, including expert depositions, by 3/10/2025. The Court does not enter a deadline for commencing dispositive motion practice at this time. The Court further limited discovery as follows: SEC, LG Capital Defendants and Safdieh are each limited to taking 10 depositions (10 for the SEC, 10 for the LG Capital Defendants, and 10 for Safdieh for a total of 30 depositions). Parties shall request leave of Court to conduct additional depositions. With respect to interrogatories, SEC, LG Capital, Lerman and Safdieh are each limited to 25 interrogatories (for a total of 100 interrogatories). Gellman and Greenberg are jointly limited to a combined 25 interrogatories. The Court approves the parties' schedule in paragraph II.12.C of the Rule 26(f) Report 64 as it relates to the production of responses to third-party subpoenas. Telephonic status conference scheduled for 3/20/2024 at 10:00 a.m. before Magistrate Judge James R. Cho. Each party is directed to call toll free (888) 808-6929 and use access code 106-5334. Ordered by Magistrate Judge James R. Cho on 12/13/2023. (AT&T Conference Bridge.) (JDP)
D_DOG
I wasn't referring to the ticker
Good luck to you.
D_DOG
There were 7 proceedings in the past 30 days, that is a pretty aggressive schedule,
we might see 2 more before the holidays but if it isn't finalized at that point it will go
into next year.
With the way it seems to me says the SEC v LG case will have a final ruling sooner
rather than later. Everything keys off of this case, new case law will be on the books
and that may take some time. All in all I can see that case done within 30 days, I do
not see this dragging out for months.
On the bright side Redhawk has their own cases ongoing and they too seem to be
heading into their final stages.
D_DOG
FYI: The 12/13/23 proceedings pertain to the SEC v LG Capital case.
D_DOG
Normally this would be 100% true but there is something more to this.
IMHO
TIC TOC
D_DOG
The tide is turning....
Another dilution funder loses the "Unregistered Dealer" argument. In More Capital v DarkPulse, Inc., the trial court awarded summary judgment, damages and legal fee to our client in yet the second civil action brought by a publicly traded company against a know dilution funder. Great job by The Basile Law Firm P.C. and Eric Benzenberg. This court followed the reasonings and applications of the statute to the evidence as done by all federal courts to analyze and apply the facts to the language of the statute in SEC Civil Enforcement actions, clearly finding More Capital operated as a "dealer" under the Securities Act, did not registered, was legally prevented from entering into the dilution funding contracts, and was ordered to pay damages to our client. #securitieslitigation #dilutionfunding #scammers #toxicfunding #securitiesviolation #SecuritiesAct #SEC #DPLS #DarkPulse
D_DOG
SEC v LG is moving along:
Monday, December 11, 2023
64 misc Report of Rule 26(f) Planning Meeting Mon 12/11 5:19 PM
REPORT of Rule 26(f) Planning Meeting (Romajas, Suzanne)
D_DOG
When the FAT LADY SINGS
I'd say pending the SEC v LG, 12/13/23 outcome we'll have to
see which direction it takes this along with the ongoing
Redhawk v N95 case.
D_DOG