Replies to post #101243 on Creative Medical Technology Holdings Inc (CELZ)

[Dragon Lady]

Yup, they're way ahead of you DL-

That plaintiff merely needs to file a "motion to collect" now-

WOW, excellent factual due diligence JDF - amazing :)

So, the plaintiff is going for it on "matters of principal" and morality if you ask me. Gonna collect and crush these clowns even if it's for pennies - which is EXACTLY how I'd do it too :)

Meaning, they know there's very little to collect from this sham- but BK UM as matter of getting some sort of justice, no matter how tiny in the end.

Pennies on the dollar vs ZERO which is what these cons will pay the plaintiff- they'll drain this bag of dead bones dry before they ever pay a penny to a winning plaintiff.

Looks like BK will be their only "tool" left- to shield them from liquidating this POS. BUT, BK only delays that liquidation - as that plaintiff is likely in "first position" now as a creditor given it's a court backed judgement.

My "guess" is the court will see the judgement as "secured" by ANY and ALL assets the plaintiff can find or located.

Wow - it's on the last legs then for POS CELZ.

$30 to "maybe" $40K cash max at any given time against massive debts and liabilities and now a $600K court award w/ a judge backing it up and a collection firm already hired and ready to bulldoze the place to uncover any money/assets to collect-on.

I'd assume this judgement just made this thing more toxic than refined Plutonium even to the dirtiest of toxic debt hedge boy lenders.

Meaning- they just got their DEATH SPIRAL NOTE lifeline cut like losing their oxygen in outer space. Who the hell would finance this POS now- knowing a BK action could commence literally any day or hour now.

Done deal to me :) This goose is cooked and fried - well done.

Looks like the end of the clown car CELZ rodeo folks - OVER :)