InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,344.16
(
0.47%
)
US TECH 100
18,022.00
(
0.55%
)
Dow Jones
39,497.54
(
0.13%
)
Brent Oil
79.49
(
0.00%
)
Bitcoin
60,686.62
(
-0.32%
)
Post# of 42999
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

pitts77h

Send PM Follow Ignore
Followers 53
Posts 10633
Boards Moderated 0
Alias Born 01/21/2011

pitts77h

Re: crazyjogger925 post# 40808

Wednesday, 05/27/2015 12:07:43 PM

Wednesday, May 27, 2015 12:07:43 PM

Post# of 42999
So Madmal finally found a way to admit he lost! He DID have to pay SmartWin!

The settlement agreement... permits Smart Win to retain an equity investment in Empire.

But in classic Madmal fashion, the statement is incredibly deceptive.

What's actually happened is SmartWin was awarded the 32 million shares held in escrow against Madmal's guarantee. SmartWin is free to hold, or sell, those shares as they wish. Thus, the settlement technically "permits" them to keep the shares Madmal was forced to give up. Of course they will do no such thing.



Jordan Belfort in "Wolf of Wall Street": "Rich people don't buy penny stocks. They're too smart."

Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

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.

Sign Up