Everest CoJ?
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  1. #1
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    So many companies are setting themselves to get slaughtered by regulation (which 100% is coming). Here's an idea, let's stack several positions, double dip merchants into a cycle of debt they can't escape, and take any questionable or borderline tactic and add it to our business model, while claiming to potential regulators we should be allowed to "self-regulate". And yes, COJs will come under increased scrutiny in this space.
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  2. #2
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    Quote Originally Posted by Cfairbank View Post
    So many companies are setting themselves to get slaughtered by regulation (which 100% is coming). Here's an idea, let's stack several positions, double dip merchants into a cycle of debt they can't escape, and take any questionable or borderline tactic and add it to our business model, while claiming to potential regulators we should be allowed to "self-regulate". And yes, COJs will come under increased scrutiny in this space.
    I don't see how a judge can't just kick a COJ out of court when it's presented to be enforced. Doesn't seem legal to have someone confess to a civil wrong before they commit the act.

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by FUNd View Post
    I don't see how a judge can't just kick a COJ out of court when it's presented to be enforced. Doesn't seem legal to have someone confess to a civil wrong before they commit the act.
    A judge cannot throw out a decision? Cannot void a contract? ABSOLUTELY they can

  4. #4
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    Quote Originally Posted by Chambo View Post
    A judge cannot throw out a decision? Cannot void a contract? ABSOLUTELY they can
    Yep, that's what I was wondering. So in all likelihood, all these are is a waste of time and a scare tactic.

  5. #5
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by FUNd View Post
    Yep, that's what I was wondering. So in all likelihood, all these are is a waste of time and a scare tactic.
    Depending on the judge and venue

  6. #6
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    Quote Originally Posted by FUNd View Post
    I don't see how a judge can't just kick a COJ out of court when it's presented to be enforced. Doesn't seem legal to have someone confess to a civil wrong before they commit the act.
    I just spoke to a guy that likes buying big skyscrapers (ones you don't need to wear sunglasses on that entire block and can snap your neck trying to see the top) and he told me COJ are common to sign before an act is committed.
    Marcus Clapman | Business Development | Cresthill Capital
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  7. #7
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    Quote Originally Posted by mcaguru View Post
    I just spoke to a guy that likes buying big skyscrapers (ones you don't need to wear sunglasses on that entire block and can snap your neck trying to see the top) and he told me COJ are common to sign before an act is committed.
    Quote Originally Posted by mcaguru View Post
    I was a little concerned about regulation until my pet looked me in the eye and with out him batting an eye he told me the following:


    Read My Lips "DONALD TRUMP"



    (not that I'm against regulation when its for safety or an uneducated individual (although "The Donald" loves the uneducated), we don't want regulation to make it illegal to give away 30% of a company to investors so grandkids don't own 100%/etc B2B we are talking smart business owners that when a crunch happens they don't need to layoff employees).
    In the great words of Everest, WTF are you talking about?
    Last edited by FUNd; 05-18-2016 at 05:36 PM.

  8. #8
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    Quote Originally Posted by FUNd View Post
    In the great words of Everest, WTF are you talking about?
    Rap up the deal your working on and than read it again or call me.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  9. #9
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    Quote Originally Posted by mcaguru View Post
    Rap up the deal your working on
    YO, I'm workin' on dis deal,
    Gonna make legit money, not steal.
    When they sign it today,
    I aint got no time to play,
    Got to go get another fo real.
    Last edited by FUNd; 05-18-2016 at 10:44 PM.

  10. #10
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    Quote Originally Posted by FUNd View Post
    YO, I'm workin' on dis deal,
    Gonna make legit money, not steal.
    When they sign it today,
    I aint got no time to play,
    Got to go get another fo real.
    Bars

  11. #11
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by Cfairbank View Post
    So many companies are setting themselves to get slaughtered by regulation (which 100% is coming). Here's an idea, let's stack several positions, double dip merchants into a cycle of debt they can't escape, and take any questionable or borderline tactic and add it to our business model, while claiming to potential regulators we should be allowed to "self-regulate". And yes, COJs will come under increased scrutiny in this space.
    yes yes and yes.. There is nothing about this that isnt going to bite companies in the ass
    John Celifarco
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