The Weitsman groupies were maniuplated by Adam's social media antics.
The buzz saw was on and running at full speed today.
Now look and see what these constant critics of Pinkleworth were spouting off about yesterday. What simple minded lunacy they got caught up in.
MCP has let it all hang out with candid public disclosures. Investors can make their own valuation judgement on those shares. All is known and in the open. No secrets.
Is the MEA picture clear? Did today's announcement do anything, but trigger selling? Do you know more or less today. Add to that the ever-nutty,publicity hound, bush leaguer Adam Weitisman and you have a circus without a tent.
Have you ever heard of counter-party risk? You may have some of that with your MEA shares.
I didn't bring Adam's wife or kid into this. He did. Read the Buffalo news article that states Kim Weitsman is the owner of the Buffalo shop. And Adam put his daughter on Facebook in a sweatshirt with the MEA stock price on it that bragged how it went up after he drove it up.
And knowing who I am makes up for the double digit losses today?
Don't worry about me looking "angry", The only "issue" is the loss in the share price today.
And your sinking investment.
Am I spelling it correctly? You can now apologize for all your mistrust and meanness.
You loved at 80cents and defended it at 60 cents.
I tried to lead you to water, but you drank Weitsman cool-aid.
You should look at the counter claim and the ruling. And the mysterious disappearance of the voice mail. Weitsman should have disclosed this in his green-mail letter to Metallico. If he got out with a "large profit". Where is that 13 D??
Bernie Madoff's house of cards lasted over 30 years. China and Turkey make zero sense? just pick up a newspaper to fill yourself in. Adam did buy at the bottom, with a whopping $22.00 trade of 100 shares. His dollar cost average is close to the current price and obviously he can't sell. The question is should have Adam disclosed that littte matter in 2014 in his 13 D. When you read that case. It is typical Adam. He made a move on someone, got cute. Then invented a cover-story, to blur the tracks. Called the FBI in, wore a wire because he thought he might be accused of a fast-shuffle. And then we go to Buffalo. Where Kim stated at a public meeting that she was the owner of the business. That's credibility? His letter to Mettaloco claims because hs grandfather started the business in 1938, that due-dilligence should he overlooked??? Where does he get that idea from? Adam needs to go back to night-school at Pace college. Weitsman got saved by two historic floods and cash for clunkers. It is clear that Weitsman deliberately withheld material information on the 2014 litigation.
Material facts in this case should have been reported to the SEC.
Weitsman needs a couple of checking accounts in a hurry. Friday was always his favorite date to fly up some paper. Fellas, Adam was outside Gordian and then went to buy a box of Chicklets with his net worth. He is caught in a liquidity trap of his own making. He is looking for investors to bail him out of a company and an industry that is going down the tubes. MEA might find something to sell him for his 2 million, but you guys are holding tue risk end of the trade. Weitsman was routinely
kiting checks for a billion in 2000. Now 15 years latter with all his "genius" Upstate can't do a billion.
The chant goes like this:
Na Na Na
Na Hey Hey Hey Goodbye...
Weitsman did not kite just one check. The scheme involved One Billion dollars in kited funds. It was the largest check kite fraud in United States history. Weitsman used the fraudulent hot float funds to play and profit in the stock markets.
The only value is in a orderly liquidation which would best be accomplished with a prepackaged bankruptcy. How many Toyota Prius are in the MEA scrapyard? Multiple buyers?? Dream on. 44 cents is coming.