Wednesday, January 23, 2013 2:39:16 PM
With regards to Walters, the Texas lawsuit trial is now less than 20 days away, and he can look forwards to sitting on the witness stand and discussing his fiduciary malfeasance that led to the creation of the "notes" that he claims he has a right to.
It would be interesting to know how much influence Walters had been peddling both in the court room and in the market place to try to assure himself a victory. However, the truth will be his undoing in the court room, and once the trial is completed, he will have lost his chance to gain any benefit from the Texas case.
Since he is a defendant in the New York case, and HLNT has already gotten a favorable opinion of the judge in her decision on the Counter Claims against Walters and Humprhies, as to the violations of their fiduciary responsibilities, Walters has all but lost that case before it even goes to trial.
This is our quarter, longs, lets enjoy it!!! The PPS should begin to reflect the impact of issues being resolved favorably and company's actions coming to fruition during this quarter.
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