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- Thread starter LordJeffBuck
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I wish I had a little more spare time in the last 48 hours to really follow this more carefully. A few observations from what I can gather:
1. Filing in Wyoming for something like this is suspicious. The real reason a lot of people do it is that the incorporators don't have to sign and it's easier to slow down someone trying to find the tracks, but not by much. There's an argument that Wyoming is the first state to allow LLCs and they have a more developed statutory scheme because of that...that argument is thin, you go to Delaware for that and solid case law precedent in Chancellory Court. I've had some folks want to file in Wyoming and I immediately advise against it in most cases for a number of reasons, but one is that it's pretty much a red flag for hiding corporate ownership and activity. I'm nerding out as a corporate lawyer, but this is really just to say there is likely one reason this was filed in Wyoming and it was nefarious.
2. The above being said, really curious on reported revenue, K1 returns, if the Wyoming LLC had holdings in other ventures...the list could go on, but now that it is being investigated it shouldn't be hard to track all that down in quick time (they might have already done so?). Filing an LLC with someone's name on it that actually never took off will amount to diddly squat. I've done that several times for clients that have a purpose for it when filed, but the thought was just abandoned and it gets dissolved. But if was used in the way some are suggesting, then there's huge problems for everyone involved.
3. Ok, legal rant done. I sort of wanted all the penalties to come after we play them so those bastards have no excuse for losing. Then I realized wtf do I care about that? They cheated, were terrible at doing it, and now that there's what appears to be more than ample evidence, let them have at it. It'll be fun to see them whine about something they did to themselves. Play stupid games, win stupid prizes.
1. Filing in Wyoming for something like this is suspicious. The real reason a lot of people do it is that the incorporators don't have to sign and it's easier to slow down someone trying to find the tracks, but not by much. There's an argument that Wyoming is the first state to allow LLCs and they have a more developed statutory scheme because of that...that argument is thin, you go to Delaware for that and solid case law precedent in Chancellory Court. I've had some folks want to file in Wyoming and I immediately advise against it in most cases for a number of reasons, but one is that it's pretty much a red flag for hiding corporate ownership and activity. I'm nerding out as a corporate lawyer, but this is really just to say there is likely one reason this was filed in Wyoming and it was nefarious.
2. The above being said, really curious on reported revenue, K1 returns, if the Wyoming LLC had holdings in other ventures...the list could go on, but now that it is being investigated it shouldn't be hard to track all that down in quick time (they might have already done so?). Filing an LLC with someone's name on it that actually never took off will amount to diddly squat. I've done that several times for clients that have a purpose for it when filed, but the thought was just abandoned and it gets dissolved. But if was used in the way some are suggesting, then there's huge problems for everyone involved.
3. Ok, legal rant done. I sort of wanted all the penalties to come after we play them so those bastards have no excuse for losing. Then I realized wtf do I care about that? They cheated, were terrible at doing it, and now that there's what appears to be more than ample evidence, let them have at it. It'll be fun to see them whine about something they did to themselves. Play stupid games, win stupid prizes.
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The timing is just odd. Blake's LLC expires, this one is formed a month later. Then Blake renews the original LLC 3 days before the NCAA officially launches an investigation and names Connor Stallions publicly.
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sammyjenkis
Hall of Fame
Other than Connor's obvious subconscious desire to leave a trail of his deeds for historical purposes, why are their names on the Wyoming registration instead of a registered agent's? I thought the main purpose of using a Wyoming LLC is so that you can keep your identity hidden. Any guess on if it was truly for WY asset protection laws? Are the registered agent costs more significant than what in song ($50 per year) or is this simply another stupid, stupid oversight by him?
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I read it is they are saying that they didn't know how Stallions got the information about the signals. It's a "we just thought he was really really smart" defense.
This defense 'shouldn't' help, since:
He was doing illegal things.
The team benefited.
Pretty much all there is to it.
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Poe McKnoe
Head Coach
There is no way a 10 page response to the Big Ten is a positive for Michigan. A 1 page “we didn’t do it” would be disconcerting from our side. 10 pages covers everything that Michigan did wrong that’s known from every possible angle.
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I'm getting more and more pissed off the way they think they're bigger than the conference and they can blackmail and threaten their way out of punishment. Fuck these assholes. Whatever punishment they deserve should be doubled for this bullshit response of theirs.
Decades and decades of talk about how Ohio State is a football factory, and only cares about sports, and is basically an SEC team playing in the north...... Michigan Men have honor and integrity and would never lower themselves to such levels. Lo and behold, we took our punishment like men while the sports world shit all over us for kids getting discounted tattoos. These shitheads are making Auburn think "why didn't we think of that".
Their existence after this year as a football program is a slap in the face to everyone else. Fuck them.
Decades and decades of talk about how Ohio State is a football factory, and only cares about sports, and is basically an SEC team playing in the north...... Michigan Men have honor and integrity and would never lower themselves to such levels. Lo and behold, we took our punishment like men while the sports world shit all over us for kids getting discounted tattoos. These shitheads are making Auburn think "why didn't we think of that".
Their existence after this year as a football program is a slap in the face to everyone else. Fuck them.
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When one of my guys fucks up, while he or she may answer to me or his/her contractor supervisor (depends on who it is), but when I'm speaking to the SES's and Colonel-birds, I'M the one that gets to field the questions, and answer the answers and come up with mitigation strategies to prevent said fuck-up from happening again.
My team processes approximately 42,000 individual changes on our vast network (
) per year. Everything from routing changes to firewall additions, DNS records, F5 load balancing changes, PKI/Certificate functions and all sorts of security-centric things. Everyone of them can fuck up even with the best planning, reviews, intentions, etc. At the end of the day, I can't track everything they are doing down to the minute detail, there's just too much. I have a team of 33 individuals in 5 different geographic locations, most of them working remotely on a daily basis. But you can be damn well sure I have a general idea of what they are doing and I don't even get paid millions to do it.
These sorry fucks pretending that Booger Boy Fuckwit McFuckFace had no idea what was going on is so preposterous, anyone buying into that bullshit needs to get hit the face by the goddamn Undertaker with a metal folding chair as a wake up call.
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