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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Janice Shell who wrote (5293)9/14/1998 8:45:00 AM
From: Jeffrey S. Mitchell  Read Replies (2) of 26163
 
Thought I'd repost the link to the first document relating to the Wellrich v AZNT arbitration:

magneticdiary.com

I also think it worth repeating what you posted elsewhere that someone with experience with the arbitration process told you:

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"bmart is confusing arbitration with mediation. In mediation, which is typically nonbinding, both sides must agree to any settlement that results from the mediation.

In arbitration, which is typically binding, the arbitrator or arbitrators render a decision. That decision may make one or both parties unhappy. If a party is unhappy with the results, the party can make a "motion to vacate" the award to a federal or state court. Arbitration awards are rarely vacated; the vast majority are upheld.

bmart is also wrong when he posts that you can't win an arbitration award by default. This is incorrect: the arbitrators have broad powers to make such an award. When default judgements have been appealed, the courts have in effect said, "well, these may have been good arguments, but you should have made them at the arbitration. Upheld."

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Isn't it funny how when we posted the case# that bmart stopped claiming there was no arbitration and started to try to pretend he knows what went on during the hearing?

Either bmart lied when he said there was no arbitration hearing, or he is fabricating what when on in the hearing room to salvage what he can from an issue we now have proven happened. And let's not forget that Cavalry originally said that if WellRich were innocent they would have long ago done something like this. Well they did and, well, Cavalry, I'm waiting to see how objective you really are.

- Jeff
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