Wednesday, December 04, 2013 11:29:05 AM
I expect Michaels will make an announcement late Friday or Monday, which is his usual pattern. Go to court and plead poverty, claiming his business is ruined because of whomever he is in court against. Next come the PR's with all the big promises, same old routine.
This has been going on for 20 years. The first wife, the current ex, and a few shareholders that have sued him. Many of the landlords that have evicted Michaels for squatting have been counter sued by Peter Michaels with various frivolous claims. Of course there is one pending now, getting ready for trial. How much investor money is spent on attorneys for Michaels personal vendettas?
I'm guessing Michaels will serve me on Friday at court with some new frivolous lawsuit. He has called me numerous times, asking me to make a deal. Peter always begins nice, starting out with "what a good person I am," and how he "only wants to get along." Next comes the, "I'm finishing a big deal, and I just need a week" speech. Followed by the "I'm just waiting on the funds to clear the bank" claims. Because as many of you know, "the timing is just a little off right now." Or there is always "my wife, child, mother... have been sick in the hospital, so I just need a few more days" excuse. And finally, the curse words and nasty remarks when he doesn't get his way to end the phone call.
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