InvestorsHub Logo

nyt

Followers 25
Posts 12619
Boards Moderated 0
Alias Born 01/29/2011

nyt

Re: None

Monday, 10/21/2019 2:05:29 PM

Monday, October 21, 2019 2:05:29 PM

Post# of 129975
As to the question of the shares not being mentioned in the verdict, I had previously answered this question, but forgotten all about it. There were 2 cases....1st vplm sued locksmith for the shares they alleged had been taken illegally, then later, locksmith countersued vplm for fraud & breach of contract, fiduciary duty, etc. The 1st case, vplm v locksmith & TK, was stayed and then there was a stipulation. I dont understand the legalese of the courts language at all, but it looks to me that the stipulation basically enjoined or dismissed the vplm v locksmith case to the locksmith v vplm case, somehow leaving only it, to be tried. If someone cares to explain the stipulation more accurately, please do. It seems to me the vplm case against locksmith was made moot? So anyway, there was no such mention of shares, one way or the other, as far as I see, in the locksmith case against vplm, to which locksmith, et al, was listed as the winner of the case and awarded $355k. Personally, I don't know what happened to the alleged shares, but......it at least APPEARS as tho they may have never been taken in the 1st place..? I know over the yrs, the alleged number of shares changed a few times. And after all, since this was a fraud case against vplm, it's at least implied in the less than complete verdict posted here, that vplm was found guilty of said fraud. If so, not hard to imagine the shares were never actually stolen to begin with. I know that I, in the past, had questioned that while premise because I had found what I thought to be at least some evedence from old filings, that some shares were legitimately turned over to RK for repayment of loans, so I guess it's therefore possible that there were never any shares stolen in the 1st place. Any talk of vplm somehow being a winner in this case, as we have seen, seems utterly ludicrous. I find it VERY curious (not really tho) that vplm chosen to not post the verdict, as news, on their site. But that goes along perfectly in line with the character (or lack of) they have shown so many times in the past. Only a short mention, by the Emu, how he is happy with the verdict. Sure would love to hear him elaborate on that.

I also would be remiss to not mention how for almost 5 yrs, all those who insisted as tho beyond any shadow of doubt, that Kipping was guilty and would most definitely be found guilty and all the blame for the long delays in the trial being placed upon him, only to now see him be the winner of the case. That reminds me as well, of all those who kept insisting beyind any doubt, that the charge by Apple of ex parte regards the sawyer letters, was as ridiculous and frivolous as it gets and that the court was guaranteed to NEVER find any ex parte communications to have taken place. That was ALSO repeated many many times......and yet, in the end, vplm was found by the court to have committed ex parte communications. And now, with such a clear verdict rendered, we hear it being denied and vplm being called the victor. It is a good thing however, that the fake news is so clearly identified.

I would still like to know why the details & minutes of the case don't seem to be available. Could it be they are purposely being held back?