InvestorsHub Logo

all4weed

08/13/15 10:41 PM

#2934 RE: mlgreen875 #2933

So if I understand correctly, he is suing in two cases and is being sued in the third

1.5 mil
621k
150k - sued against him

If the two above goes in his favor and the last one goes against him, he get approx 2 mil back.

Until then this ticker will continue to be at these value or may even go lower.

all4weed

08/14/15 10:48 PM

#2936 RE: mlgreen875 #2933

Most likely he might get back his 1.5 mil back from Bhang.

What he will not get back is 635k sent to someone , somewhere. Did Chet get conned by the Nigerian racket where they fool people into sending them money so that they can send the winning amt ( or loan amt) in this case.
There is no way he will recover that, its a loss his shareholders have to now bear.

150k i think Chet will loose and might end up paying twice of it as punitive damages.

So all in all, he might get some 500k back once all the 3 lawsuits are settled. That will probably take the price upto $4 i believe sometime in 2yrs, until then its a bag holders stock.