Replies to post #29793 on CirTran Corporation (CIRX)

[NASCOW]

keep trying, but I'll keep it simple for you ...city litigation a far cry from pipsqueak circ ... no encouragement from judge to participants to work a deal ...PB did nothing to damage circ business ...circ given plenty of time / chance to develop distribution over course of contract; they just couldn't get it up, they're out of their league next ...

mkt knows this ...

[Sparklefarkle]

Nice find MickMan . I agree.

[HamDxer]

Great post MickMan I feel the same as you on the settlement. Its going to be very satisfying for us longs.

[NASCOW]

Longs take notes: Instead of using th worthless comparison of litigation involving a "water district" to th CIRC case lets look at something with more recent precedent &similarity of history


The sneaky deal that JCPenney cut with Martha Stewart behind Macy’s back was such a disaster that the sheer public embarrassment of it is punishment enough.
That’s what a New York judge effectively said in a long-awaited decision Monday, ruling that while Penney improperly interfered with an exclusive Macy’s-Martha Stewart contract, its liability for court damages was limited.
http://nypost.com/2014/06/16/jcpenneys-behavior-childish-sophomoric-in-martha-deal/

Let's all face it, you do not know what the award will be. In fact, the actual award is likely far from what you portray.... A number of things pointing to a major award: 1) Judge hasn't wavered on who she backs and it is 8-0. 2) Judge has given every opportunity to the defendants to work out a deal-- this means she is giving them an opportunity to control their damages. 3) Obviously the Judge has no love for Playboy in any of the decisions.4) This same Judge awarded a developer $36.4M because the Chicago water district simply blocked access to an alleyway and delayed development for three years. Story here:

www.chicagobusiness.com/realestate/20130116/CRED03/130119838?template=printart

So, how do you think she will award against a large pornography company who blocked business, forced financial damages and created legal issues for a beverage company, essentially stunting and damaging their business? $36.4M for blocking an alleyway and delaying construction without harming the rest of their business, versus years of damage to a business?

It is clear to me that the damages will be far more than the award I mentioned. If anyone does some homework, instead of listening to, or spewing random, simple opinionated thoughts, it would be far.

End Advice …Invest in a Corporate Attorney ...I'll bet Macy's shareholders thought they were entitled to huge damages too