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Re: MPowerKai post# 195555

Thursday, 03/20/2014 7:13:20 PM

Thursday, March 20, 2014 7:13:20 PM

Post# of 799849
I can see two possible time frames if this goes to the end.

The first one is if no Bill is ever passed in congress. if this happens then this case will eventually end up in Supreme Court. Trial court would likely take one to two years. Appellate court could add another year or two. Supreme Court would add another 2 to 3 years. So in this scenario you have between 5 to 10 years to completion. Of course if the trial court is a victory for shareholders the value of the shares will go up significantly and most people will sell anyway. In which case you need to wait only 1 to 2 years.

The second time line involves if a bill does pass through Congress. If this happens then the prosecution will likely amend their complaint to include an injunction to the bill. This would likely speed up the case as there would be a large government interest. In this case you could see it in Supreme Court within 2 to 3 years after the bill is passed.