OTC BB KING,
FIRST: ronpopiel old buddy, you ask and say in your post #4999, "I wonder what other longer term holders think such as Go Mosh,.......Maybe they sold too."
Response: This Court ruling, after 2 decades+ as a mosher, had the following effect on me. Here's how I remember it: I absolutely panicked, got resoundingly shitfaced, vaguely recall phoning my broker to sell my 7-figure accumulated holdings (with a 50 cent+ basis), and was tearfully contemplating suicide. Fortunately, I passed out and woke up this morning, so hung over that it will probably be at least noon before I can make a fist.
I then read the Yahoo and IHub posts, checked with my broker to survey the damage, and was informed by him that he had NOT executed my "sell-at-anything-you-can-get" market order because I was so incoherent that he didn't know who was on the other end of the line; that I just kept mumbling something about "it's the end of the world", and that he had a recording to prove it. I thanked him profusly, and then slumped in my chair at the computer, re-read the Court's denial again word for word, prayed hard for guidance and understanding, received hot-flashes of revelations that will now be revealed as follows:
When JPM's lawyer announced to the Judge during the 10/26 hearing, that they had reached a settlement with the plaintiffs that included their resignation as Trustee, and a recommendation of a qualified successor temporary Trustee, she concurred and reportedly commented about the interests of the Unitholders. Then when the settlement agreement was given to her, we Unitholders were not included in the monetary settlement, even though we were required to pay all of JPM's legal expenses and to pledge all of our assets on a $3 million loan, arranged by them, to be used almost entirely for that purpose, with the primary source of repayment being "any future settlement/judgment proceeds" against the remaining two defendants (HELLO MARY CARTER!!!). She had presided over several days of hearings in May, and witnessed the obvious gross negligence in the cross examination of our Trustee Managing Officer, Mike Ulrich, clearly showing JPM's abject fiduciary failure in protecting our Trust.
So, when she heard the arguments at the 1/16 hearing, she had facing her, the nationally famed trial attorney, Robin Gibbs, arguing for her approval of PXD's injunction requiring JPM to stay on as Trustee until their job of killing our Trust was complete. Then she had the nationally famed trial attorney David Beck, arguing for JPM that she approve a settlement agreement and release of JPM with prejudice, the terms of which, effectively left them off scott-free. Then she had the mosh trial attorney, John Kim, agreeing with Beck, even though the MOSH lawyers were to split the entire $1.25 million monetary portion of the settlement with JPM, with nothing tangible going to the Unitholders (The 12,000 face-less innocent real-life people from all over this country, WHO WERE THE ONES THAT HAD REALLY GOTTEN SCREWED; THE REAL VICTIMS. GET THE PICTURE?
She simply did what she had consistently done; make rulings that are in the best interests of those Unitholders. Afterall, her pre-judge role of successfully prosecuting class-action suits against big drug companies shaped her allegiances well. So far, we mosh Unitholders have had a real and friendly ally with Judge McCalley, and thanks to her rulings yesterday, our case will be much stronger going in for the final kill in coming weeks. And, in tune with MLK day, last Monday, some of us battle-scarred old mosh veterans will finally get to proclaim his famous "FREE AT LAST" speech, and some of us might journey out to the Lincoln Memorial and do just that!
AND LAST: OTC BB KING, CA$H, OGCLIP
AND A FEW OTHER CONVERTED FAITHFULL MOSH BUY-AND-HOLDERS HERE ON THIS BOARD; You guys have amazed me with the tons of very accurate DD that you have done since you found us 42 days ago. The readers and legitimate posters on IHub have a very very good shot at being the benefactors of a true once-in-a-lifetime rags to riches story. Before this is soon over, I'm confident that you will have earned "bragging rights" as being a part of a rare financial event, the details of which, I feel certain will be featured prominently in business reports nationwide. LOAD THE BOAT WITH ALL OF THE UNITS THAT YOU CAN AFFORD, AND ENJOY THE LONG RIDE, BECAUSE I THINK(for what it's worth) THAT YOU ALL WILL GROW OLD WITH MOSH, JUST LIKE I HAVE! From my vantage point, I can see mosh making it to the 12/31/2030 trust expiration date, leaving a long trail of very successful energy investors in its wake. End of sermon!!!
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