The SEC has won nothing, apart from trying their best to protect the crooks by shutting us down for the time been, waiting for our day in court and to depose certain key players, who will incriminate themselves on the stand, including Alana Black!!
I thought that this was discussed already, encase you've got a short memory span and misted it, here it is again!!!
Default judgment is a binding judgment in favor of the plaintiff when the defendant has not responded to a summons or has failed to appear before a court of law. It can be compared to a forfeit victory. In a civil trial involving damages, a default judgment will enter the amount of damages pleaded in the original complaint. If proof of damages is required, the court may schedule another hearing on that issue. A defendant can have a default judgment vacated, or set aside, by filing a motion, after the judgment is entered, by showing of a proper excuse.
An argument that is not valid is said to be “invalid”.
Something to think about:
Original Message From: Rufus Paul Harris [mailto:harris*cshd.us] Sent: Wednesday, May 09, 2007 5:02 AM To: Black, Alana R. Subject: Legal concerns Importance: High Do you have a problem or concern if I, Rufus Paul Harris proceed with the following potential client? If you have no legal concerns and everything is verified would the SEC be interested in arranging a meeting about possible placement with CSHD?
The Client is holding the following documents:
(1) 2-page Safekeeping Receipt (dated 7 May 2007) which appears to be: on the letterhead of Federal Reserve Bank of New York; signatured stamped by the Federal Reserve's Chairman and Vice Chairman red-ribbon stamped and sealed by the Federal Reserve holding the following basic data: U.S. Treasury Check Number(s) in denominations of $500M, totaling $2B;
Why was he RPH willing to put $2 billion of treasury checks into the company so we as shareholders could move forward with the some business plan in a well funded company??
Custodial Account No.; that the Special Purpose Company has FULL signatory/authority over said Checks; that said Checks are free and clear of any taxes, levies or duties.... that the account of the Special Purpose Company may be verified by "responsible bank inquiry" and confirmed by "Grey Screen" ONLY to the institution designated by the Special Purpose Company; that the Federal Reserve performed ALL political, economic and financial due diligence and affirm, "with full bank authority" thall ALL laws have bee complied with good, clean. cleared funds of non-criminal origin and legally earned.... that ANY copy of said instrument/Statement of Authority will be valid and legal as the original, which was issued in "full faith and trust" of the Federal Reserve Bank of New York.
Actually, the BIG QUESTION, is why didn't the SEC give the OK for this unquestionable funding??? After all wouldn't that be the slam and dunk case that the SEC were looking for?? IMO!!