GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)

[maildir]

Gunna be a loooong long weekend for Uncle Stu 

The Motion for Extension of Time is GRANTED. Defendant Fraser has until September 27, 2016 to file a responsive pleading

That's this coming Tuesday. Even so would bet money they'll find some way to delay it. Though he judge made it crystal clear no more extensions unless provable beyond doubt or something very harsh like that.

I wonder if Elise stands in garage staring at the Tesla with tears pouring down her cheeks? 


HOOOOOMEROOOOOO WHERE ART THOU?

"...is that you Elon?..."

[bumpershot]

I wonder if Elise stands in garage staring at the Tesla with tears pouring down her cheeks? 

Wouldn't that Tesla have been repoed by now? He was still making payments on it, right? So he couldn't have signed the title over.

[RoomBot]

Bwahahahaha  Homoero "GAVE" the thing to STU FRASER with PAYMENTS still DUE!!!    

IIRC it had a "GAWMiners" * vanity plate still attached.  

edit: You must have missed it in this thread somewhere between pp. 2- 2345.    

*redacted

The "vanity" part still stands.

[owlcatz]

Bwahahahaha  Homoero "GAVE" the thing to STU FRASER with PAYMENTS still DUE!!!    

IIRC it had a "GAWMiners" vanity plate still attached.  

edit: You must have missed it in this thread somewhere between pp. 2- 2345.    

Pretty sure it said like GARZA1 or GARZA2 on the vanity plates, unless it was a plate holder or something else.

[RoomBot]

Bwahahahaha  Homoero "GAVE" the thing to STU FRASER with PAYMENTS still DUE!!!    

IIRC it had a "GAWMiners" vanity plate still attached.  

edit: You must have missed it in this thread somewhere between pp. 2- 2345.    

Pretty sure it said like GARZA1 or GARZA2 on the vanity plates, unless it was a plate holder or something else.

Right.  I knew it was a vanity plate...that Stu wouldn't want!

Maybe someone can dig up the pics.

[maildir]

For sure the Tesla is long gone, just pictured sshh standing their weeping for some reason. I recall exactly his long elaborate reason for leaving the license plate on when "gifting" it to Uncle Stu. Because he knew Uncle Stu would want to drive it immediately he didn't detag it. It stood out in the email files because no one asked and it seems mildly obvious  since he drove it over to Uncle Stu. But he went to such great lengths explaining it like a couple of paragraphs explaining I thought for sure he must be up to something. Think it was mentioned here he probably was expecting Uncle Stu to refuse acceptance of such an expensive gift etc.

Meanwhile something is cooking.

40 Filed: 9/23/2016, Entered: None Report of Rule 26(f) Planning Meeting

Don't think it is on Pacer yet but quick reading, looks like an elaborate meeting needs to be setup, which no doubt will further delay shit

Here's a whole detailed outline what that meeting involves:

http://www.employerslawyersblog.com/2011/02/using-the-mandatory-rule-26f-discovery-conference-to-manage-esi-pays-dividends-throughout-litigation.html

Seems to be a never ending bag of tricks with this law shit. Just as the clock runs out, voila! a requirement necessary to move forward is pulled out thereby delaying the original time on the clock. Something like that 

Doesn't really matter Homero is world famous now. Think this was originally a paid subscription file that appears open today:

http://www.lexology.com/library/detail.aspx?g=1babaa6e-b19c-4498-9012-5846beb31152

The most notable case of Bitcoin used in an MLM scheme is that of GAW Miner/Zenminer, who are currently being sued by Securities and Exchange Commission (SEC) on account of their fraudulent conduct in selling hardware to mine Bitcoin.

...The scheme first began with Mr. Garza’s business

Lexology collaborates with the world's leading lawyers and other thought leaders to deliver tailored updates and analysis to the desktops of business professionals worldwide on a daily basis.

With an archive of over 450,000 articles in more than 20 languages covering 50 work areas worldwide, Lexology is a powerful research platform

Homero is famous around the world! 

[owlcatz]

Meh... This is standard for the USA. Like I have said for 2 years now.... The wheels of justice in the usa grind VERY slow, but in the end, they grind VERY hard. 

Patience is a virtue, as with crypto, and justice.

[suchmoon]

Here is the report:

http://ia601502.us.archive.org/26/items/gov.uscourts.ctd.112576/gov.uscourts.ctd.112576.40.0.pdf

Some good bits there, e.g.:

Defendant Fraser intends to present one or more of the following defenses, without limitation:  
Plaintiffs’ claim for control person liability pursuant to Section 20(a) of the Securities
Exchange Act of 1934 (15 U.S.C. § 78t(a)) (Count II) fails to state a claim because the Complaint
does not plead sufficiently or with the requisite particularity that Defendant Fraser (a) had control
of a primary violator (Defendants Garza, GAW Miners and/or ZenMiner) or (b) was a culpable
participant in the alleged primary violations.  

And all other case documents can be found here:

http://ia801502.us.archive.org/26/items/gov.uscourts.ctd.112576/gov.uscourts.ctd.112576.docket.html

[owlcatz]

Thanks. Good to see him doing the right thing and distancing himself from the pathetic scamming loser. Nothing like working your ass off your whole life to be bitten so badly by some kid you trusted.

I'm not sympathizing here, just being real. Older people don't get it. So they are more susceptible to scammery. Case in point. http://money.cnn.com/2016/09/22/news/companies/pacnet-investigation/

 

[maildir]

Thanks!  ouch! I cannot believe how intricate all that is. Who typed all that shit up? Almost like some sort of weird dance, we move one foot forward, you move two feet forward step by step all the way. Mind numbing!

Two quick things stood out, 9 months discovery period. Another whole year! and this:

In this case, Plaintiffs filed a Notice of Related Case for this action to be transferred to the Court handling the SEC
matter. Dkt. 7. That application has not been ruled upon

was a footnote on one the pages. reads to me that the stay in the SEC case was a result of this class action after all.

Technically Uncle Stu might be onto something with his defense as having no control over Homero, but sure as shit he financed almost everything with his credit card and loans. Also pretty sure he was a an actual shareholder not just some Homero kiss on the cheek promise to pay back and share in profits etc.

So Uncle Stu is betting big to proceed with asking for the case to be dismissed against him  based on those two security rules that he had no control over the operation. Thing is not one email exchange did he offer any advice to Homero or guidance I don't think, anything related to the operations of it all. Don't know how that can be reconciled unless the plaintiffs have much more info than we found in the email dump.

[owlcatz]

So Uncle Stu is betting big to proceed with asking for the case to be dismissed against him  based on those two security rules that he had no control over the operation. Thing is not one email exchange did he offer any advice to Homero or guidance I don't think, anything related to the operations of it all. Don't know how that can be reconciled unless the plaintiffs have much more info than we found in the email dump.

Pretty sure you are correct on this, and it's a fair argument IMO. Let's see what happens next week!

[RoomBot]

Oh, right:  "Drop charges against me, (Fraser) or delay up to 9 months more for me to grow a pair..."

[suchmoon]

Thanks!  ouch! I cannot believe how intricate all that is. Who typed all that shit up? Almost like some sort of weird dance, we move one foot forward, you move two feet forward step by step all the way. Mind numbing!

Two quick things stood out, 9 months discovery period. Another whole year! and this:

In this case, Plaintiffs filed a Notice of Related Case for this action to be transferred to the Court handling the SEC
matter. Dkt. 7. That application has not been ruled upon

was a footnote on one the pages. reads to me that the stay in the SEC case was a result of this class action after all.

Technically Uncle Stu might be onto something with his defense as having no control over Homero, but sure as shit he financed almost everything with his credit card and loans. Also pretty sure he was a an actual shareholder not just some Homero kiss on the cheek promise to pay back and share in profits etc.

So Uncle Stu is betting big to proceed with asking for the case to be dismissed against him  based on those two security rules that he had no control over the operation. Thing is not one email exchange did he offer any advice to Homero or guidance I don't think, anything related to the operations of it all. Don't know how that can be reconciled unless the plaintiffs have much more info than we found in the email dump.

Didn't he suggest to buy Western Union? Didn't he set up Homero's meeting at Cantor Fitzgerald? Didn't he allow his name and position to be used in the WSJ shill piece? Didn't he get a Tesla for his efforts?

I'm sure there is a lot more to uncover. They were definitely very close and their finances so intertwined (mainly in the direction from Stu's pockets to Homero's) that it would take some serious miracle to prove otherwise.

[RoomBot]

Stuart Fraser invokes the Carlos Defense:  "I was too scared and frightened to do due diligence."

[cryptodevil]

There is evidence to suggest in the email exchanges that Homero had convinced Stu he was some wunderkind who was buddies with people in the upper echelons of the tech industry. Claiming that the Tesla was a gift from Elon Musk himself is such a bizarre and obvious lie, but for 'old money' wealthy families it sounds perfectly plausible to have been mixing with such people.

While Stu did finance the gurning goon's ever-morphing business models, I don't actually believe he knew the truth of how hopeless the early ones like the isp were, or how criminal the cryptocurrency ones quickly became.

I think he'll be able to reference those email exchanges to easily prove that Garza repeatedly deceived him as to the truth of the matter.

Unless...of course, the Asian gentleman with 'banking difficulties' was referred to Garza by Cantor.

[favdesu]

Thanks. Good to see him doing the right thing and distancing himself from the pathetic scamming loser. Nothing like working your ass off your whole life to be bitten so badly by some kid you trusted.

I'm not sympathizing here, just being real. Older people don't get it. So they are more susceptible to scammery. Case in point. http://money.cnn.com/2016/09/22/news/companies/pacnet-investigation/

 

as expected, I hope they won't let him off the hook. Garza and Stu deserve it both

[maildir]

This I think is the law he is relying on:  https://www.law.cornell.edu/uscode/text/15/78t

In the big picture Uncle Stu had 100% absolute control in that he held the purse strings. While he might plead ignorance we all know he "don't tell Elise'd" which might suggest he knew something was up and if so should have reigned in the purse strings. I forgot the the SEC investigation they for sure have a ton load of evidence including all the interviews and statements and much more email and text message databases than we had access to. All they need I would think is a single statement or email or simple direction from Uncle Stu to Homero about any part of the operation. Be it marketing advice or suggestion or whatever. I have to think in all that time he must have input a single suggestion or answered a question about the business from Homero. You could also include that incredibly misleading press release, which turned out to be at the insistence of Uncle Stu, where it had it revised to make him sound even more involved than it previously had. Plus a nugget I forgot. His official twitter.  He either lent it to Homero and his son at the time but I remember that bullshit tweet something "can't wait to receive my black paycoin visa or master card" something about that, which we all recognized to be pure bullshit. Can't find it after a quick search. The other thing there was an earnest email warning Uncle Stu quite early on from some finance guy on the West Coast I think. An associate of an associate of Uncle Stu or something. Guy was pretty clear warning Uncle Stu what was happening or going to happen. Don't have access to the db but it is there and black and white. On top of all of that Uncle Stu over the years must know Homero better than anyone and his tendency to tell lies from day one. Probably everyone knows it or knew it even Elise "we love that little Homero street urchin but boy does he tell whoppers some times"  Hell there might even be a statement from her telling Uncle Stu you have so much influence and control over Homero try to set him straight once and for all.

Anyway I am sure these cunning lawyers will paint a picture and provide enough evidence to prove that now thinking about it. The key is the massive SEC machine and its findings and access to all that information. Though they did kind of suggest Uncle Stu was mislead by Homero (actually didn't even name him rather an investor), kind of sounded like they were protecting him at the time.

Guess we will have to wait and see.

[maildir]

Found it! I was mistaken. About 3/4's down the archive page.

http://archive.ec/ZizWp

Stuart Fraser @GTAUKSTER 
  ·   16 дeк.   
Still would like a Black PayCoin Card! #OldSchool

Wow just reading through all that bullshit and enthusiasm in the archive. How is it no one other than everyone in this thread could see it for what it was. Straight up bullshit from day one. Unbelievable.

I think there other cheer leading tweets from Uncle Stu's account he either posted them himself or gave Homero Access. If he did do that surely he would have checked to see what Homero was tweeting.

Come to think of it in addition to the associate of an associate warning Uncle Stu, I think there is an email from someone even closer, maybe a Cantor Fitz. executive having reservations about the entire thing and saying so.

Unless the law(s) Uncle Stu is relying on state you have to direct operational control of a company in order to be held liable, pretty sure now on reflection, that with the superficial info we have, there might be enough to dismiss the dismissal. Did note that sector about settlement in the court docs. Wonder if this is a legal tactic by his team. Know for sure it won't be dismissed, ask for 9 months discovery process, in order to bleed Homero dry and force him to do something about it all.

[bitpop]

Stu better go along and show up with his Tesla that says Garza or he's going to become a Cosby

[RoomBot]