Therein lies the irony. The Russians have a proverb "revenge is a dish best served cold." And when you think about what the Boot boys did....1. They did it ALL themselves, as almost every move they made was calculated. 2. They did it believing they had won....boy were they wrong....3. Their entire cabal had no idea the reality of them losing....here's why:
1. The fed case was the key. They were losing in the state court and actually confessed this.
2. The final motion for judgment was NOT challenged. Strategically, MW's legal needed to get the fed case disposed of to make any progress. So....they just let it go.
3. In disposing the fed case, MW and their legal knew you "cannot be sued twice for the same $250k. So the boot boys HAD NO CHANCE in state court. So their case had to be dropped and the counter would now take the lead WHERE the criminal evidence was inevitable.
4. So he boot boys settled....but....there's more:
A. The boot boys won, so they have to pay their lawyer their own legal fees. This means the $500 per hour (which is a HUGE cost) AND the 50% of the federal case judgment had to come out of their own pocket....up front and to know they'd never see a dime of it back....HURTS. I'd estimate their costs just for the Fed case to be about $1 million.
B. The $400k was never a leverage piece. The boot boys served it up as a gift knowing they'd have to give it up anyway. This is where thee "amicable" part comes in. The legal fees had to be already paid by MW. So he knew he'd have no more out of pocket legal fees for the frivolous suits.
C. The interesting part is how SA and JS are left holding the bag...a bag they thought would be full of IFUS and is not only empty, but the thought of "how" has to be running in their mind...and this is the cold part. They can't figure it out.
So this is how I see it. As reported before time and time again, the real shock was yet to come and it did. The legal strategy worked and again, almost every move SA and JS made, was well calculated. And they didn't even see it coming. As also posted, it's NOT always about the law, money or being right (which MW was), it's about how it's played....strategy.
Well played Marc. Goodnight JS and SA....better luck next time...both your names are crap in stock world...even in pinky land. So I doubt you'll be duping others out of their hard earned money again...Google your names....you'll see what I mean.
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