Opinions about Scuderi Group's misuse of funds

[hard10working]

You have stated you do NOT have a stake in this game… but no, wait…you really do? Of course there is that really good friend of yours you mentioned. And yes…you long time concerned investor you….you wake up earlier in the week and, with the name “little bird” your decide to jump in with your history lesson and advice and opinions and need to know what’s going on? You are one transparent twat birdy boy!! Listen my man…(I’m calling you man and not a twat because I’m a really nice person to people like you with an IQ under 35)…ok listen my “man”…why don’t you and your investor friend clean out your drool cups, put down your Star Wars figures for a minute, and sit quietly in the corner. Btw…your language was very offensive in your last post!! What was that word you used before?? “Geeze”? Take it easy there paper tiger…I deeply hope that I am offending your refined sensibilities dickhead. Here is some advice because, like you, I am just trying to help, right? You should stop coming in here and squaking your dumb shit because one of these people could out you. I cannot imagine how hard it must be to wake up each day and think you are so intelligent and suave with your words and verbal persuasion of others on this board. Like you actually think and thought you were kicking in this door as an authority on what to do and where to go?? You think you are the compass??? What a fucking moron. Do yourself a favor…just stop. See, when you stop I stop and then us investors can go back to our normal. Oh,,,feel free to hang around and have someone read the interactions here to you…just shut your ignorant mouth. (I know you just closed your lips I meant stop posting). Buh bye fucko hardon jackass dumbfuck! I sure hope I never have you in person as you suggested! I do not like inflicting mental anguish.

[alittlebird]

Alright well it’s becoming rather clear why and how this mess continues to go on. You didn’t address a single fact I’ve stated. However, your insults are *GOLD*. “Fucko hardon jackass dumbfuck” is definitely worth more than anyone’s investment with the Screwderi’s. Although you really have to wonder, if their lease has been terminated on their one and only project that is actually “live”, what could possibly be next? Maybe another press release written by the thieves themselves: “BREAKING NEWS: ESG’s new carbon capture system captures ITSELF and disappears with investor’s money producing a 100% removal of revenue! Stay tuned for the next update in 7.5 years!”

SOS

[hard10working]

I appreciate your factual comments about the level of hilarity about the insults hurled in your direction. On the rest of the bullshit…what are you trying to get out of your posts here birdy? They are not facts…the statements are innuendo. What the fuck do you want…everyone to validate that (at least all here but you according to your first post) invested in the company on a KNOWN risky investment?? You sure seem to have a laundry list of innuendo for a guy with no communication, no investment, and a list of negative “facts”. What the fuck do you want?? At first you wanted to “help”. Help how asshole? Here’s the real deal you transparent think your real smart shitbird…you sound like a reporter or a lawyer trolling for someone to latch on to your wambulance. Your entire demeanor and word tracks smack of a scumbag looking to “help” real investors understand what hey invested in and how you can show them light. Fuck…fuck…fuck…fuckoff (said like a chicken) shitstain. Bye bye birdy

[alittlebird]

Known risky investment? Sure. Yes. Absolutely. Breaking laws and violating rights? Not okay. There is a line and it’s written in detail right on the SEC website. Cross the line and pay the price. As I've stated before, my intent was/is to gather other’s thoughts and opinions and have a discussion about it but unfortunately that seems impossible in this forum. Also some people are unaware of the Scuderi’s s latest misconduct, so I wanted to make sure they know. Most people have abandoned it, died or moved on. Just a couple of disgruntled investors left, kicking around an old tin can in a fiery wasteland of lies and greed, distracted by the bright shiny sign over top that says “COMING SOON”.

[hard10working]

Carguy I didn’t think of that angle for birdbrain…that actually fits with the name…old axe grinding employee. Regardless, I think it’s clear that there is an agenda here ergo my over the top mission of distraction. Too bad if he had valid info I can’t trust it because of the manner he came in here.

[hard10working]

Sept 4, 2024 14:08:34 GMT alittlebird said:

Known risky investment? Sure. Yes. Absolutely. Breaking laws and violating rights? Not okay. There is a line and it’s written in detail right on the SEC website. Cross the line and pay the price. As I've stated before, my intent was/is to gather other’s thoughts and opinions and have a discussion about it but unfortunately that seems impossible in this forum. Also some people are unaware of the Scuderi’s s latest misconduct, so I wanted to make sure they know. Most people have abandoned it, died or moved on. Just a couple of disgruntled investors left, kicking around an old tin can in a fiery wasteland of lies and greed, distracted by the bright shiny sign over top that says “COMING SOON”.

batshit birdbrain just keeps trying to lay eggs here. You blew your credibility trying to be real cute. Also, just to prove you are just a rando jackass who does not have a clue…you are accusing them of violating laws and rights. A company of this nature has no fiduciary responsibility by law to provide info or financials to anyone. Investors knew that going in. ETHICALLY they should provide the people that backed them with information but they are not required to do so LEGALLY. Just please shut the fuck up already.

[christiiec2024]

Are you referring to the NY court case?

[mhamil]

Carguy,

"We must accept finite disappointment, but never lose infinite hope" said by someone much smarter than me about things much more important than the Scuderi's. I wish everyone here some luck in the coming months.

[carguy]

You are good people, Mhamil.

[carguy]

There's some good news finally. The lawsuits filed by Quantum against ESG1 and the family have been settled and dismissed with prejudice, so they're done. This is amazing news because we weren't talking about chump change...it was a decent amount of money. I'll add, having watched things closely, that SG's Attorneys were strategically superior at every turn from my point of view. But I won't belabor this, just really psyched to see the suits settled amicably without trial.

Another good piece of news is that on September 10th there was a meeting between Nick and some investors at a nice little Italian Restaurant in West Springfield right down the street from Scuderi HQ. What I'm saying next is what allegedly took place and not my words, but from an attendee: I'm told there was a presentation detailing Morgan Stanley's current involvement, and also interest possibly from Chase, as there is allegedly contact with a representative of Jamie Dimon himself. Allegedly, the result of the meeting was some pretty high excitement from attendees and the feeling that not only is this happening, but it's closer than ever. So, without risking burning any of my contacts, I'll leave it at that.

What does this mean for the broader group of us, especially those of us who invested in Series D Units through clubs which may or may not have kept the best records? I don't know, cuz we're not told shit. My advice right now, would be to keep your ears open, make sure your fund managers have your addresses up to date, and hope for some sort of investor update.

Settlement.pdf (22.03 KB)

[vroom]

So they used more of our money to settle another suit and pay legal fees and that is a good thing?

[hard10working]

Vroom, I did not dig into this very see but on its face it states this was a dismissal and not even a settlement. And no matter what it is good to have no lawsuit regardless of its merit or not if they have the momentum to an investor return that they seem to have. Would you rather complain they successfully defeated a lawsuit brought against them for the opportunity to move forward?? This is the closest we have ever been to fruition and from my perspective that’s a phenomenal thing. Take what appears to be a better track and be a little more positive.

[carguy]

Sept 21, 2024 13:03:54 GMT hard10working said:

Vroom, I did not dig into this very see but on its face it states this was a dismissal and not even a settlement. And no matter what it is good to have no lawsuit regardless of its merit or not if they have the momentum to an investor return that they seem to have. Would you rather complain they successfully defeated a lawsuit brought against them for the opportunity to move forward?? This is the closest we have ever been to fruition and from my perspective that’s a phenomenal thing. Take what appears to be a better track and be a little more positive.

Not to nit-pick HW, but if you go to the case docket, you’ll see that the docket notes on 9/12 indicate the case was settled. Same with the other case, which was also dismissed with prejudice. If you look at the case disposition at the end of each docket it says: Disposed by Agreement / Settled.

The court procedure only allows it to note three reasons for the dismissal document. If you look up the rule under which this was dismissed by searching the rule referenced in the document: Rule 41(a)(1)(ii). In this case it was:

(a) Voluntary Dismissal.

(1) By the Plaintiff.

(A) Without a Court Order. Subject to Rules 23(e), 23.1(c), 23.2, and 66 and any applicable federal statute, the plaintiff may dismiss an action without a court order by filing:

(ii) a stipulation of dismissal signed by all parties who have appeared.

[carguy]

Sept 20, 2024 19:45:25 GMT vroom said:

So they used more of our money to settle another suit and pay legal fees and that is a good thing?

I guess in a way you’re right, but in this case, it was over sale and rental of the land. I’d hope that the settlement resulted to terms SG felt was more advantageous in the long run, justifying the short term expense of the suit. But now I’m just talking out of my ass, lol.

[ferrari57]

Sept 19, 2024 16:21:19 GMT carguy said:

There's some good news finally. The lawsuits filed by Quantum against ESG1 and the family have been settled and dismissed with prejudice, so they're done. This is amazing news because we weren't talking about chump change...it was a decent amount of money. I'll add, having watched things closely, that SG's Attorneys were strategically superior at every turn from my point of view. But I won't belabor this, just really psyched to see the suits settled amicably without trial.

Another good piece of news is that on September 10th there was a meeting between Nick and some investors at a nice little Italian Restaurant in West Springfield right down the street from Scuderi HQ. What I'm saying next is what allegedly took place and not my words, but from an attendee: I'm told there was a presentation detailing Morgan Stanley's current involvement, and also interest possibly from Chase, as there is allegedly contact with a representative of Jamie Dimon himself. Allegedly, the result of the meeting was some pretty high excitement from attendees and the feeling that not only is this happening, but it's closer than ever. So, without risking burning any of my contacts, I'll leave it at that.

What does this mean for the broader group of us, especially those of us who invested in Series D Units through clubs which may or may not have kept the best records? I don't know, cuz we're not told shit. My advice right now, would be to keep your ears open, make sure your fund managers have your addresses up to date, and hope for some sort of investor update.

View Attachment

Think you meant JP Morgan