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Yes .0001s and here for the long hold
I appreciate your DD and I could be wrong, but I interpreted the latest motion by Judge Anderson as:
"The Court, on its own motion, VACATES the Final Pretrial Conference for 1/15/21 and the Jury Trial set for 2/16/21."
There was a summary judgement ruled for the moving defendants, which includes Tilray [court docket 123]. From information provided by other posters on this board and my own research on summary judgements, it seems that the case against Tilray is done. However, the Plaintiffs could appeal that summary judgement ruled by the Judge and/or file a motion for default judgement against the non-moving defendants [Hugo and Debra Saavedra and Equitable Transitions], which the courts ordered the Plaintiffs to do within 14 days of 01/07/21 [court docket 123]. I am not of legal mind, so I am not saying you're wrong, but simply offering my interpretation of the information.
I also saw that on docketbird:
"TEXT ONLY ENTRY ORDER by Judge Percy Anderson: The Court, on its own motion, VACATES the Final Pretrial Conference set for January 15, 2021 and the Jury Trial set for February 16, 2021. THERE IS NO PDF DOCUMENT ASSOCIATED WITH THIS ENTRY. (gga) TEXT ONLY ENTRY"
GLTA I sold all my shares today it was a nice run hopefully people made money!
All good, apology accepted no need to resort to name calling. I am now hoping that the Plaintiffs will file an appeal to the summary judgement.
Lets hope so lol
That seems like the most promising route for the Plaintiffs for sure
Yes I totally feel you there. I am just curious because all of this legal jargon with the case has confused me, but I am still in. I just want to make sure I am fully understanding what's happening and that its still a good hold.
Bolando are you going back in on tmxn?
It will fall on deaf ears. I am a shareholder and a long hold on tmxn and try to be objective about the case and the facts. I appreciate your help in laying out the facts so we can understand exactly what is happening with the case.
If you read the documents on PACER, they state as of 01/07/21:
"The court concludes that Moving Defendants [which includes Tilray] are entitled to summary judgment as to all of Plaintiffs' claims."
In so many words that basically means that tmxn has lost the case against Tilray. However, Plaintiffs can appeal the summary judgement ruling. In addition the PACER document reads:
"The Court orders Plaintiffs to file a motion for default judgment against the Non-Moving Defendants [Hugo and Debra Saavedra and Equitable Transitions, Inc] within 14 days of the date of this Order. The failure to file a Motion for Default Judgment by this date will result in the dismissal of this action against the Non-Moving Defendants."
All in all, the case is not looking good for tmxn.
Me either
Ok so I have been a shareholder of tmxn since June 2020 and I'm a long hold but everyone is beating around the bush in regards to the summary judgement that was ruled on 1/7/21. I want to see a huge win for tmxn believe me, but I also want to be objective about the facts. According to the ruling, we will need an appeal from the plaintiffs in the case or hope for the mediation set on 1/15 to be significant. These court documents are confusing to me to be honest, so I am trying to fully understand what's going on but reiterating old posts doesn't keep us current.
As a shareholder of tmxn I am curious as to what mediation on 1/15/21 will bring for the case if summary judgement has been granted for the defendants. Anyone have any thoughts?
Did you get a chance to read the latest court documents? Curious as to what you thought about the findings. It’s confusing but I have a good amount of tmxn shares so I’m hoping for the best.
Thank you appreciate it
Just saw this in regards to my question about who the non-moving defendants are
Appreciate the posting of the court documents. I have a good amount of tmxn shares so I’m obviously rooting for tmxn. However, I’ll be honest, it’s confusing to understand the court documents. The rulings in those most recent documents don’t seem favorable for tmxn. Does anyone know what comes next? Why is there a mediation date set for 1/15 if the court has ruled summary judgement for the defendants? Also, I am unsure who is considered a moving defendant and non-moving defendant?
Could someone post the court documents that he is referring to so we can read them ourselves? Not a link bc those of us who don’t have pacer accounts can’t access with a link.
Holding until the end but this is rough to watch fellas
You’re not kidding me either
@DDA had posted this before as far as a possible outcome and I think it would be great:
DDA post
500 million O/S and A/S
300 million claim would give : $ 0.6/ share
Don't see it going that far, I think Tilray wil settle for a lesser amount.
Being realistic, I would put between 0.06 and 0.1 out as a number.
Anyone have any idea or thoughts about the possible outcome of the lawsuit?
I would be very happy with any of those outcomes!
Where do you see the pps getting to? Wonder if a settlement is on the horizon
Agreed! Looking very nice so far
Love it
Anyone have lvl 2 on this? @.0024 now boys**
Anyone have lvl 2 on this? @.0024 now boys ????
I’m using TD Ameritrade for TMXN
Probably a dumb question but does the lawsuit against TLRY only concern shareholders who purchased shares of TMXN during a certain time frame or just anyone who owns shares of TMXN in general?
Wow imagine.. that’d be great
Awesome thank you
Can anyone share a solid guess of what they believe the end result of the lawsuit will be? I’ve got 100K shares at @.0034 and looking to add to that but I’m waiting for the price to drop even more.. I’m curious what the price per share could go to if the lawsuit is settled... Any thoughts?