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  1. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    I tend to think that LifeWallet is dead in the water. Hard to envision a road to recovery. Whether any behavior or assertion is a crime is a completely different question, and it's hard to assess without seeing the evidence. I had a plaintiff's attorney call me one time trying to get...
  2. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    Look, gaped, I've already explained that I'm not going to teach you or train you or enlighten you in anything. Your posts indicate that you are not bright. You continue to use words and phrases in ways that are incorrect and inaccurate, and then you act as if people are supposed to provide you...
  3. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    Hey, dopey, do you think I'm an hourly employee there? I'm a member of the Disclosure Committee. I work on and review and sign off on the financials. I absolutely know what I'm talking about. Audit Committee meeting tomorrow morning. Board of Directors meeting later this month. Q coming...
  4. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    So let me see if I understand, you want to wade into water that is way over your head, to challenge me on something about which you know nothing, all while not even being aware that for the last couple of years I've been working for a company that did a SPAC. Look, I'm not trying to judge you...
  5. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    And you have zero understanding of SPACs at any time, gapednconfused.
  6. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    NAILED IT! This poster is smart.
  7. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    This guy doesn't seem to post very frequently, but he really knows his stuff.
  8. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    I actually think it is highly likely that a student-athlete will win an "employee" case soon. They have already come close. I believe that certain elements of NIL (boosters, contingency on remaining at a particular school) will push it over the top. Now, whether the US Supreme Court would...
  9. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    Correct. Plus, if you look at the description of the overall business model/process, it seems like the entire process generates as much revenue for his law firm as it does for his proposed public company. Now, the expenses of the law firm and the company may be different, but that is still a...
  10. TheOriginalCane

    Anyone else concerned about Ruiz's alleged net worth?

    I would add this - having worked for publicly-traded companies for 2 decades, I've read many 10-Ks. There's usually boilerplate CYA language in SEC filings that essentially says that "past performance may not guarantee future results", particularly in the case of a change in the laws. I find...
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