Replies to post #42589 on Cdex, Inc. (fka CDEX)

[Crow3]

I believe both the plaintiffs and defendants were all in cahoots and the DA was a well rehearsed act.

I agree. As was the subsequent lawsuit that joined both the later and the earlier one. Which served to get the BBOYS off the hook. Gone from open participation in selling shares in anything. But could not be tried again for essentially the same TORT. (RES JUDICATA).

But they were already made rich, sowhatinheck did they care?? no need to sell any more worthless shares.

But the FEDS could have made it warm for MP and his loyal followers and co-perps so it was wise, if not essential to run out the statutes of limitations, which they did, with ONTHEEDGE
The CAP'N and others posting stuff against the Bashers, and MP keeping the shares selling to the PP buyers, with the help of the TOUTs..

As soon as the SOL was ran out, ONTHEEDGE quit posting and MP "resigned" as CEO, getting a large share bonus from a grateful bunch of shareholders and BOD.

The NEW CEO however could not sell icecream to teenagers, so the scam soon began to fall apart, JB did his Loanshark act for the newer CEO.... and everybody did not live happily everafter,,LOL.

[pennstreet]

diddy--

iddy Thursday, 05/15/14 01:44:11 AM
Re: Crow3 post# 42587
Post # of 42589

Crow, I think you may be referring to Jasmine99. He was the one that initiated the original lawsuit against Loch Harris. Jasmine later accused ROBERT STEWART (the-later-to-be "Angel Investor" in the CDEX bankruptcy docs) of hijacking the lawsuit from him.
*** This is a well documented story from back in the day among many Cdex funders and a few Cdex market buying investors. There were many who helped the SEC on many levels, as well as the court room in Austin, Texas. The two Lawyers (Kamber and Cantor) could not believe how much information poured into them from Loch/Cdex investors.

Robert Stewart and Mari Stassi became the plaintiffs in what turned into a DA suit which excluded Jasmine, the initiator of the suit, as a plaintiff.
*** The record once again is quite clear about how the two above mentioned came to be, well, let me state for the truth record, it was very clear to the ones that were called to participate in a conference call that Jasmine99 had arranged with a Law Firm in New York. There was also a firm in Texas that had been contacted to go after the BBOYS as well. There was no conference call with the Law firm in Texas, but there was one with the New York firm. There were 8-10 Loch/Cdex investors who were asked to participate in the call. The New York firm's Lawyer(s) asked many questions during the call, one of which was where did each caller live. There was only one investor on the conference call who lived in Texas. The suit was going to be filed in Austin, Texas, so the Law firm picked Mr. Stewart because of he lived in Texas. Another question that was asked, was how long had each investor been involved with Loch/Cdex and how many investors might they know that are involved in Cdex. Obviously, no one had been involved longer or knew more investors than Ms Stassi. Jasmine and the 6-8 other participates simply were not chosen by the firm. I mean, when one thinks about it, just how many trips to Austin, Texas was Jasmine willing to pay for, out of his pocket. Those trips would have been very expensive. I am quite sure the New York firm knew what they needed to do.

As I recall, the ultimate benefit of that suit favored the seamsters and had little benefit for honest shareholders.
*** You probably meant to say scamsters, instead of seamsters. Mr. Boone and Mr. Baker had an excellent attorney. I mean, after all, they had a lot of money to hire the best. In order to include the entire Loch/Cdex investor base, it was decided by the New York firm to hire a second team to get ALL shareholders involved. It is funny how some Loch/Cdex investors had their egos get ahead of the big picture, but then, there are sometimes one or two know it alls in the apple barrel.

During litigation, I remember Robert Stewart was accused by the defendants of being a commissioned stock salesman for Loch Harris and as a result, requested the court to remove him as a plaintiff due to COI (or something to that effect).
*** Let me help you with the real facts concerning who made accusations. It was a fellow named Morovan who sent the court several inaccurate and misleading submissions concerning both Ms Stassi and Mr. Stewart. The lawyer for the defendants never had any issues with Stassi or Stewart. The Judge found no issue's or conflict's of interest with Stassi or Stewart. The court records are clear on those facts.

I believe both the plaintiffs and defendants were all in cahoots and the DA was a well rehearsed act.
*** Well of course you believe that. lol But if you had been there, as others were, you could have heard the facts presented, you could have heard how Boone and Baker's side was presented. You could have met many concerned Loch/Cdex shareholders. I have no doubt the Judge would have let you spoke, because he did let others have that chance. But one has to have boots on the ground, that has walked into the lawyers offices, the SEC office's, the court rooms, and be able to go face to face with those you differ with to make your case. Lap top key pressing is not how one experience's the actual events as each one takes place. You do it with your boots on the ground and face to face.

According to court documents, ROBERT STEWART appears to still be actively involved with CDEx in some capacity.
*** The court documents do appear to say just that.