do you think chk will be around in december 2021? if yes tell us why? if no, why are you so negative?
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The CHK witnesses are the sleaziest I’ve seen and I’ve been following these sorts of things for more than 40 years.
In the movie “Trading Places” Eddie Murphy, playing a con man, named Billy Ray Valentine, who is pretending he is a blind Vietnam War Veteran, says to police who have stopped to question him—"Whose there? Whose there? I don’t see so well since that Cong rocket.”
I expected the CHK witnesses to at some point say— “What? What? I don’t think so well since that Franklin Lawyer’s letter threatening trouble if I voided the Franklin liens.”
Yesterday, questioning Brad Martin was like pulling teeth. That poor lawyer for the UCC.
CHK may be around next year as the Judge seems to be either in on the scam or at least sympathetic with the scam—people on the stock blogs are saying the Judge was an investment banker before he became a judge.
Yesterday, Brad Martin, the Chairman of the Board, plied the same strategy as Lawler, DelOsso and Antonelli, i.e. I can remember just about nothing—nothing at all. At any time, I expected the Judge to read the witnesses the riot act, remind them they are under Oath and express skepticism at the convenient lack of memory. OOOOOHHHH NO, it seems like the more perjury the Judge sees, the more warm and fuzzy he gets with the witnesses.
One example—off the top of my head—this is in no way the worst example of perjury I saw. Yesterday, Martin couldn’t remember where the February 20, 2020 board meeting was held. Martin is the chairman of the board, with years of experience in the business world, but he isn’t smart enough to remember what city a board meeting was held in 10 months ago.
Martin, despite his years of experience, does not understand the rights of a bankruptcy trustee to void transfers within 90 days of the bankruptcy filing. Martin insisted the trustee could challenge, not void the transfers. Instead of expressing skepticism, the Judge was apologizing for how stupid Martin is, saying remember “he’s not a lawyer,” “I don’t see any grand conspiracy.” That was in response to Martin not having any real understanding of the ability of CHK to void 3.5 billion in liens, something Franklin was opposed to.
Martin and the others admit that they didn’t void the liens but said it was business purpose that caused them not to—Franklin had agreed to lend another billion to CHK post-bankruptcy so they didn’t want to anger Franklin by voiding their liens—damn the UCC and stockholders.
Judge Jones calls the former CHK stockholders people who made a bet and lost—get over it. The Judge has zero regard for the rights of CHK stock holders. I swear, after listening to Judge Jones, I’ll never own another share of stock in my life. I’m selling every share I have and will be out completely by February 1, 2021. I don’t care how much I lose– I’m done—for life!
Yesterday, questioning Brad Martin was like pulling teeth. That poor lawyer for the UCC.
CHK may be around next year as the Judge seems to be either in on the scam or at least sympathetic with the scam—people on the stock blogs are saying the Judge was an investment banker before he became a judge.
Yesterday, Brad Martin, the Chairman of the Board, plied the same strategy as Lawler, DelOsso and Antonelli, i.e. I can remember just about nothing—nothing at all. At any time, I expected the Judge to read the witnesses the riot act, remind them they are under Oath and express skepticism at the convenient lack of memory. OOOOOHHHH NO, it seems like the more perjury the Judge sees, the more warm and fuzzy he gets with the witnesses.
One example—off the top of my head—this is in no way the worst example of perjury I saw. Yesterday, Martin couldn’t remember where the February 20, 2020 board meeting was held. Martin is the chairman of the board, with years of experience in the business world, but he isn’t smart enough to remember what city a board meeting was held in 10 months ago.
Martin, despite his years of experience, does not understand the rights of a bankruptcy trustee to void transfers within 90 days of the bankruptcy filing. Martin insisted the trustee could challenge, not void the transfers. Instead of expressing skepticism, the Judge was apologizing for how stupid Martin is, saying remember “he’s not a lawyer,” “I don’t see any grand conspiracy.” That was in response to Martin not having any real understanding of the ability of CHK to void 3.5 billion in liens, something Franklin was opposed to.
Martin and the others admit that they didn’t void the liens but said it was business purpose that caused them not to—Franklin had agreed to lend another billion to CHK post-bankruptcy so they didn’t want to anger Franklin by voiding their liens—damn the UCC and stockholders.
Judge Jones calls the former CHK stockholders people who made a bet and lost—get over it. The Judge has zero regard for the rights of CHK stock holders. I swear, after listening to Judge Jones, I’ll never own another share of stock in my life. I’m selling every share I have and will be out completely by February 1, 2021. I don’t care how much I lose– I’m done—for life!
No way. It would be an absolute Christmas miracle. I'm surprised they held it together as long as they did. It was ALWAYS gonna end this way. Ask anyone who used to work there in the last 15 years. We all know why
Gone like a 59 Cadillac....
They will soon start with the liquidation.....
If you had listened to the call today (by the way, removing the post was a very pathetic move) you would have a good feeling of what it’s gonna happen in just few more weeks!
It was good until it lasted.
no prob, all will be fine.... kidding...
it's gonna be rough