pj
DIAMOND DIGGER
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RUMOR: "Negotiated Settlement For Damages"
« Thread Started on Today at 8:29pm »
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Desperado is in the Grapevine room. I will be back to recap.
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the following is an IM I had opened when Desperado came into the Grapevine.. so I wrote this in the IM to a shareholder and instead of writing this over again.. I have copied-pasted here below..
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PJ1-07: Desperado is in the room speaking..
PJ1-07: he says he has something from a source who says it is fact what he is going to tell us..
PJ1-07: "this is absolutely NOTHING to be concerned about"
PJ1-07: he is referring to the Kevin update
PJ1-07: "we can expect any time between now and the term, we a distribution of .005 and it will come from the Trust fund." His source told him it is there and under the control of Robert Maheu
PJ1-07: and "we can expect 1/2 cent per share in the very near future"
PJ1-07: Desperado believes this source
PJ1-07: He says his bud, Acca, has told us about the .30+ distribution in the past
PJ1-07: he said this "second source says it is in that .30-.40 range"
PJ1-07: Des asked if it is for damages and source repeated it is for damages
PJ1-07: and source repeated almost word-for-word what Acca saidwhen they told Des that there will be rights offering and we will also have CIM offering as well
PJ1-07: Des wanted to know more but source did not want to go any further
PJ1-07: that is all he has to tell us tonight, but he does believe that source would have accurate knowledge and NOT opinion
PJ1-07: and that Desperado believes it is fact
PJ1-07: and once again 1/2 cent per share distribution is expected in near future..
PJ1-07: and following will be a .30-.40 distribution
PJ1-07: Desperado is now going to take a few questions and will try to do the best he can
PJ1-07: "The Kevin West letter is nothing to be concerned about..
PJ1-07: that is what I was told"
PJ1-07: Shareholder: How will it get distributed..will it be by check in the mail...or what?"
PJ1-07: Des said that he doesn't know,
PJ1-07: but Maheu is in charge of it
PJ1-07: and Urban put this together a very long time ago for us
PJ1-07: and wants this distributed now to help take the stress off from people
PJ1-07: "we don't have long to wait..
PJ1-07: just like the rest of you, I have some serious needs and I am thrilled to hear this today"
PJ1-07: he wants to state how strong the source is, and in his opinion
PJ1-07: "this source just poo-pooed Kevin's letter".. that it is of "NO concern"
PJ1-07: Des believes this source is "extremely reliable"
PJ1-07: he wants to reiterate.. this is his(Desperado's) opinion
PJ1-07: it started because he wanted to get to the bottom of Kevin's letter
PJ1-07: he asked if there would be packets..
PJ1-07: his source sighed then said.. "ok...
PJ1-07: you will get a distribution before the packets and it
PJ1-07: will come from the Trust fund"
PJ1-07: "it is NOT a divi"
PJ1-07: "it is called a DISTRIBUTION"
PJ1-07: and is "under IBM's control"
PJ1-07: Des asked when..
PJ1-07: and was told it could be any time
PJ1-07: and shareholders could expect this distribution in the very near future
PJ1-07: source confirmed packets will be out
PJ1-07: there will be a .30-.40 range
PJ1-07: it should be callled a "negotiated settlement for damages"
PJ1-07: Des dug further about the packet and
PJ1-07: person said there will be a CIM offering in ther
PJ1-07: and a rights offering for another company
PJ1-07: Des asked.. when for packet
PJ1-07: and they said it will be close behind the .005 distribution
PJ1-07: Des has another.. a third source with good information also and what makes them believable is that they do not have a connection to each other
PJ1-07: when one source tells me something and a third tells the same.. it gives me huge confidence that this is accurate information..
PJ1-07: we have a lot of sources from a lot of places and seem to be telling the same.. about amounts, etc.
PJ1-07: I just wanted to come in here tonight and alieviate any concerns about today
PJ1-07: there is nothing we need to fear about this letter
PJ1-07: we are in good hands
PJ1-07: it was already anticipated
PJ1-07: my main theme here is to elay any fears tonight
PJ1-07: but I can see the main concern with this rumor is the .005 distribution and that it is in the near future
PJ1-07: Gosh: We all appreciate you came in and you were clear
PJ1-07: Des: Thank you Gosh
PJ1-07: I feel like I am family in these rooms and that is what gives me the comfort to come into these rooms and talk like this
PJ1-07: Gr8: Did you get any inkling of how it would be distributed?
PJ1-07: Des: it is funny when being held in high distribution
PJ1-07: I had not expected the person who picked up the phone today when I called
PJ1-07: maybe it is in the form of a check.. but i have no idea
PJ1-07: that is just my speculation
PJ1-07: I wish I had the answer for you all
PJ1-07: Wodan: I am sticking to my original
PJ1-07: I don't want to say you are wrong
PJ1-07: but I am sticking to the 1.61
PJ1-07: maybe I am wrong, but I am telling what I always hear
PJ1-07: but I have heard .30-.40 also coming
PJ1-07: will come as settlement from your govt
PJ1-07: maybe it is like Spook says..
PJ1-07: it will come from several sources
PJ1-07: Des: I am especially grateful to what you said, Wodan
PJ1-07: I do not in any sense of the word that the .30-.40 was it or the total..because I do not know
PJ1-07: based on what Acca said the other night.. he emphasized "initially"
PJ1-07: so please don't move me forward that this is my prediction
PJ1-07: I really have no idea
PJ1-07: just what I was told
PJ1-07: I have no special information
PJ1-07: I am sharing to the best of what I was told and I have told you everything I was told
PJ1-07: it may be it, but I do not know
PJ1-07: (about the .30-.40)
PJ1-07: Someone just said, "Acca just came into the other room(international room)
PJ1-07: Des.."for last time, this is in my opinion.. so take it, leave it."
PJ1-07: Shareholder: "flugel said.. he is taking a vacation next week"
PJ1-07: Des: The person went out of their way to word that it is a distribution
PJ1-07: and is a "negotiated settlement for damages". I believe this is important to be worded in this way.
« Last Edit: Today at 8:51pm by pj » Link to Post - Back to Top Logged
portrush
DIAMOND JEDI WARLORD
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Re: MONEY COMING YOUR WAY IN THE NEAR TERM
« Reply #1 on Today at 8:34pm »
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Courtesy of Ron2W on pb88
5:30 PM PDT "Desperado" in Paltalk...From somebody who Desperado has spoken to a number of times and holds in very high regard, and also has come to regard as more than a typical shareholder. Apparently, Desperado also has a third separate source that seems to be saying much the same thing.
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The $0.005 is just an initial payment that they're trying to push through as soon as possible. Termed a "distribution" (not a divy).
Money to come from a trust fund controlled by Maheu.
Could literally happen at any time...Actually "very near term" was the phrase told to Des. concerning the $0.005.
Packets to follow closely behind the $0.005...
$0.30 - $0.40 to follow right behind, termed "negotiated settlement for damages." (Could be more further downstream; Des. doesn't know.)
However, also to be rights for a CIM offering and maybe another offering as well.
Desperado says to regard this as his opinion (to protect himself) but then went on to state how emphatically strong he regards the credibility to be of this additional source.
As a matter of fact, his source said that it would be OK to regard this as a fact, not a rumor. (Your call on this one guys!)
Source also poopooed the eight page letter today as a last ditch effort and nothing more...is nothing for us to be concerned about at all.
« Last Edit: Today at 8:32pm by Ron2w »
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