news

Hardin, KY

#643 Mar 26, 2012
any news anybody? still haven't seen any posts to say that his companies made a profit? So Im starting to assume that the court documents are true and he lost millions. Very curious to see his response to all this.
newstome

Anonymous Proxy

#644 Mar 26, 2012
even Chegg (one of the big boys in book rental) does not seem to be able to make a profit. With Amazon and Apple coming in it will be even tougher.

http://www.forbes.com/sites/helencoster/2012/...
funny

Murray, KY

#645 Mar 26, 2012
funny that CBR thinks it can do better than chegg :)
i bought two of my textbooks this semester on my kindle, seeing it all over campus.
booooooooo

Murray, KY

#646 Mar 26, 2012
chuck jones rocks, and you all are just jeleous...
Legal Eagle

Almo, KY

#647 Mar 26, 2012
I have read the Complaint as filed by Mr. Griffin.
My thoughts as I was reading the list of companies was...'oh my goodness'....the more companies you create, the more the water are muddied and it is usually by the intent to do so. Each are moving monies back and forth, charging 'Management Fees' on a transaction basis, a monthly basis, or a percentage of something that has occurred. The more companies you create, the more Management Fees that go into your pocket when some can be a shell of practically nothing...more to be charging the lower companies fee upon fee that go into someone's pocket. Financial records can be manipulated by the parties 'in charge' of the operations. I heard someone say, that Chuck Jones is quite a 'salesman' and Sarah Jones is an attorney herself. Power and money can be quite a heady combination...the more you get, the more you want (and need).'IF' they have lied to David Griffin, falsified documents he relied on in his lendings, and did this using the US Mail (Securities Fraud)..... there is BIG TROUBLE ahead. When I saw them advertising for a 'housekeeper' and having maintenance & security for personal use....I have strongly suspected that these are being written off through the business and neatly hidden as most millionnaires do when there are so many businesses to allocate the personal expenses to. The bottom line---no matter what kind of face anyone tries to put on this.....there is a huge fall from grace in the public domain of just 'who' these people are. Innocent or guilty.....time will tell. Everyone, at Church, at ballgames...did notice, that anything good they did, they certainly wanted front pages news credit for it. It would have been expensed to 'Advertising'(appropriately) as opposed to 'Charitable Contributions' because there is a % limitation on those deductions. I think their new house became the stumbling point here, Mr. Griffin came to realize that with all the company losses reported to him, that just more money and more money was needed to get them highly profitable.....he caught wind of where HIS money had gone! It was the house that Management Fees built!
what a mess

Murray, KY

#648 Mar 27, 2012
Defendant Charles A. Jones (“C. Jones”) asked Plaintiff David Griffin (“Griffin”) to invest in certain businesses in Murray, Kentucky in 2008. After Griffin invested in two businesses in 2008, C. Jones created a web of companies that he controlled and by which he implemented a scheme of undisclosed, self-dealing to funnel significant money for his family’s personal gain that Griffin had invested in the companies for legitimate purposes. Through this scheme, C. Jones created a lavish lifestyle — complete with, among other things, a $7.5 million house, a lake house, a 30-foot boat, trips on private jets, and numerous civic and charitable donations to promote his family’s stature in the community — that cannot be maintained without his continuing, unfettered control over the businesses and their steady flow of additional money. The Joneses’ continuing control over the businesses will result in further harm to the value and assets of the businesses to the detriment of Griffin and ultimately to the point the businesses no longer remain viable.
the insider

Murray, KY

#649 Mar 27, 2012
Legal Eagle- I'm pretty sure Chuck isn't going down because he hired a housekeeper thru the business.

There's been a lot of stupid stuff said on here but that is a winner.
honest money

Murray, KY

#650 Mar 27, 2012
people say the stupidist stuff!!!
news

Hardin, KY

#651 Mar 27, 2012
any news?
de

Hopkinsville, KY

#652 Mar 27, 2012
I have heard that the law suite has been settled.Does anyone know if this is true
news

Hardin, KY

#653 Mar 27, 2012
de wrote:
I have heard that the law suite has been settled.Does anyone know if this is true
boy that would really surprise me, anyone know if its true?
sam

Murray, KY

#654 Mar 27, 2012
it has been settled. chuck is buying griffin out completely much to a lot of peoples disappointment who believed there was only one side to the lawsuit.
LOl

Murray, KY

#655 Mar 27, 2012
Believe it when it's somewhere besides topix
REALLY

Murray, KY

#656 Mar 27, 2012
sam wrote:
it has been settled. chuck is buying griffin out completely much to a lot of peoples disappointment who believed there was only one side to the lawsuit.
then post some documents or prove it with news article. something of substance i believe thats false myself, he doesnt have the money.
his bussiness isnt making money the only money he has is borrowed from griffin himself. So how the hell could he buy anything unless hes duped another investor. which i doubt after all this came to light.
newsflash

Anonymous Proxy

#657 Mar 27, 2012
THERE`S A LAKE OF GIN WE CAN BOTH JUMP INAND THE HANDOUTS GROW ON BUSHES;IN THE NEW MOWN-HAY WE CAN SLEEP ALL DAY,AND THE BARS ALL HAVE FREE LUNCHES.WHERE THE MAIL TRAIN STOPS AND THERE AIN`T NO COPSAND THE FOLKS ARE TENDER-HEARTED,WHERE YOU NEVER CHANGE YOUR SOCKS AND ROCKS,AND YOUR HAIR IS NEVER PARTED.OH, THE BUZZIN` OF THE BEES IN THE CIGARETTE TREESAND THE SODA WATER FOUNTAIN,AT THE LIMONADE SPRINGS WHERE THE BLUEBIRD SINGSON THE BIG ROCK CANDY MOUNTAIN.
sam

Murray, KY

#658 Mar 27, 2012
REALLY wrote:
<quoted text>
then post some documents or prove it with news article. something of substance i believe thats false myself, he doesnt have the money.
his bussiness isnt making money the only money he has is borrowed from griffin himself. So how the hell could he buy anything unless hes duped another investor. which i doubt after all this came to light.
well all i can say is has there been a receiver appointed for the business? Has there been any response to the lawsuit that was due March 21? Now dispute this.
news

Hardin, KY

#659 Mar 27, 2012
sam wrote:
<quoted text> well all i can say is has there been a receiver appointed for the business? Has there been any response to the lawsuit that was due March 21? Now dispute this.
if you read back in the posts it was put off for CAJ response till june 29th i believe.

Since: Mar 12

Location hidden

#660 Mar 27, 2012
well finally Sam posted. He has it right, it's been over since Monday of last week.... for all you people thought you knew,, you knew nothing.
popper

Amsterdam, Netherlands

#661 Mar 27, 2012
sam wrote:
it has been settled. chuck is buying griffin out completely much to a lot of peoples disappointment who believed there was only one side to the lawsuit.
nice try but no cookie. if a settlement had been reached there would be no conference call scheduled for 29 june - and there would be some notice of settlement in the court records. there is not.

Since: Mar 12

Location hidden

#662 Mar 27, 2012
popper wrote:
<quoted text>
nice try but no cookie. if a settlement had been reached there would be no conference call scheduled for 29 june - and there would be some notice of settlement in the court records. there is not.
Since the suit was dropped there is no need for any settlement in court records DUH..Griff dropped the suit, apologized and was bought out.

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