Doogrof: "he is trying desperately to force Tifford to
ask for a stay of the proceedings of his court, which would
automatically put a freeze on the 2nd circuit hearing scheduled for Feb. 25.."
Do you really believe this? Either Bud has no clue as to what a stay is all about, or he is intentionally trying to deceive.
A stay would not impact the appeal process at all. If a stay had been filed, and granted by the appeals court, then Judge Lynch could not enforce any of the summary judgement penalties until the appeal was settled.
So, had an appeal been filed with the 2nd circuit court following the summary judgement, and granted, the following would be true:
RA would still be CEO.
USXP would still be operating exactly as it had been operating.
RA could still be selling unregistered shares to keep up with the 20M+ in annual losses.
The appeals court would be hearing the case by the week of February 25th, at the earliest.
And, BTW, it is far too late in the game for a request for a stay to be filed. It would go nowhere, but even if by some miracle it was approved, the appeal process would go on.
All that would happen after this miracle stay would be RA would not be facing contempt until after he loses the appeal.
