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PhenixBleu

11/22/17 11:19 AM

#284220 RE: hczhang1 #284217

That is also my view. MEC has very strong positions in their cases. Ed believes they will prevail in their share fraud case against Maciora.



Since the Charlie A case is settled long before next summer's scheduled hearing, MYEC's Emailmoni will make enough money by next summer. So this case won't make too much hurt.

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eqinvestor

11/22/17 11:22 AM

#284222 RE: hczhang1 #284217

Not correct.

In the past, Fast Eddie roped people into a settlement agreement and then didn't honor it.

For example, Tangiers. Tangiers had to go back to court and get an order to enforce settlement because Fast Eddie did not honor it.

Charlie A knows that. Therefore, Charlie would be very smart to strike a settlement under one of two circumstances.

1. Either cash is delivered by a licensed courier and after Mr. A. deposits the cash, he signs the settlement agreement.

2. Money is wired into an Attorney's escrow account and after the money is removed successfully from the escrow account and deposited into an account, then a settlement agreement is signed.

However, the settlement is just a con in my opinion. The company owes money to attorneys from the Tangiers case in 2010 and they still haven't paid those judgments. Those attorneys are also wise to Fast Eddie's tricks.

I would say that judgment is now worth about $75,000