Judge Mathis says 50 is Done... EDIT: Bankruptcy Judge Says he's Playing Games :yowzers:

General Mills

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Lol, having more talent/charisma and better music doesn't make him more popular.
Breh. We can agree to disagree. How will we ever really know? Make a poll on the Coli. Get some other brehs opinions. My PERSONAL opinion is that Pac when alive was more popular that 50 during his lil run. :francis: Nothing you said or nothing I have seen makes me believe he was.
 

3rdWorld

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50 used the Pac formula and got fame. the similarities are too great. shirtless, muscles, tats, claiming you got shot and didnt shoot back, trying to destroy careers on wax and being a seminal rapper. unlike pac who originated that whole style, 50 burned way too many bridges and his brand died years ago. he can only surviv if he invests behind the scenes and keeps his face out of it, hes not bankable that way anymore.
 

NvrCMyNut

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But the argument wasn't even about record sales. :mjlol:
The argument was about who was more popular 03 50 or pre-death Pac. You cited record sales (rightly, as it's clearly the best way to gauge a recording artists popularity) to support your argument that Pac was more popular than Fifty, claiming that Pac had
Sold more records
http://www.thecoli.com/posts/14360371/

Then I corrected this false narrative thus ending your argument leaving you frustrated and talking a whole lot of irrelevant shyt about who had more substance & talent & subsequently making this post denying the existence of your own arguments.

For someone who doesn't think twice about calling people 'fukking idiots' & 'dumb' you have the memory span of a hamster and clearly struggle with keeping a single train of thought.
 

GSR

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The argument was about who was more popular 03 50 or pre-death Pac. You cited record sales (rightly, as it's clearly the best way to gauge a recording artists popularity) to support your argument that Pac was more popular than Fifty, claiming that Pac had

http://www.thecoli.com/posts/14360371/

Then I corrected this false narrative thus ending your argument leaving you frustrated and talking a whole lot of irrelevant shyt about who had more substance & talent & subsequently making this post denying the existence of your own arguments.

For someone who doesn't think twice about calling people 'fukking idiots' & 'dumb' you have the memory span of a hamster and clearly struggle with keeping a single train of thought.
:mjlol:

The entire argument was not predicated on one factor, record sales. There are plenty factors.

And l already addressed the fact record sales are not a reliable factor in determining popularity since they came from two entirely different eras.

It's you who's desperate to 'win' this argument and close it based off one factor.

And your frustration is obvious. Bottom line Pac was way more popular than 50 ever was. Even when he dies 50 is not going to get half of the post death critical acclaim that Pac did because he hasn't done enough to earn it.

Sorry to burst your hyped up bubble especially while we watch 50 crash and burn completely. Must be a tough time for you. :mjlol:
 

Kobe24

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I've been knowing 50 is screwed all to hell. But now it's 5x worse than I thought.:huhldup:




http://www.tmz.com/2015/07/18/judge-mathis-50-cent-bankruptcy/


Judge Mathis basically just said he's either really broke or going to have some "Problems" if he's trying to shuffle money (bankruptcy fraud).


=====

Can I File Personal Bankruptcy Without It Affecting My Corporation or LLC?

People sometimes reason that because a Corporation or LLC insulates the owner from personal liability, there is no problem with continuing to operate the entity as before while filing personal bankruptcy. They are failing to realize that although an owner who is a bankruptcy debtor is not responsible for the debts of the Corporation or LLC, he/she is the sole (or at least partial) owner of all the stock or membership interest! Since they own it, when they file personal bankruptcy, that stock (or membership interest) becomes an asset of the debtor’s bankruptcy estate.Therefore, the debtor must list their ownership interest in their company in their bankruptcy. If that stock or membership interest has any value (i.e., if the entity has any assets), the bankruptcy Trustee has the power to liquidate the assets of the corporation or LLC for the benefit of the debtor’s personal creditors.

However, there are two possible ways out of this mess, if the debtor wishes to keep operating his/her Corporation or LLC.

First, if the net value of the liabilities of your entity equals or exceeds the net value of the assets of the company, your bankruptcy attorney can present to the Trustee a balance sheet proving that, and state that your interest in your company has no net value because the liabilities exceed the assets.

Second, if the net value of the assets of your entity exceeds the net value of the liabilities of the company, you may simply pay the Trustee the fair value of the stock or membership units, generally the liquidation value of the corporate assets (assets less liabilities). Often this liquidation value is not that much, especially if the business assets are subject to bank liens or there is no inventory. So, as the value of the entity is often much greater as an ongoing operation, a bankrupting debtor-owner will sometimes “buy back" the entity’s business assets from the trustee in order to keep the entity solvent.

For either of these solutions to work, you must provide your attorney with accurate valuations. Even your accountant may not have all this information. The bankruptcy trustee will ask you how you valued your company, and you need to have clear, concise explanations as to how you determined the value of each item to avoid harming your case.

SHOULD MY CORPORATION OR LLC FILE BANKRUPTCY IF I FILE PERSONAL BANKRUPTCY? - Avvo.com


=====


When 50 filed bankrupt and said he had $15mil in personal assets, I was under the impression that meant houses, cars, bank accounts etc.... And didn't count his businesses.


This here just said your business assets is a part of your personal assets if you are filing bankruptcy.


So this nikka is worth $15 mil, including the assets of his businesses?:huhldup:


So now one of 3 things is going to happen:

1) The judge will grant his bankruptcy and Ross Baby Mom will be the eventual owner of SMS audio

2) The Judge will deny his bankruptcy and he will just outright have to sell all his houses, cars and business assets ASAP to pay his debts.

3) While the Judge is determining if they will grant the bankruptcy, they do a deep forensic analyst of his financials, finds he's hiding money / "shuffling", as Judge Mathis would put it, and he ends up in jail for 10 years.


At this point, it's not if, but when, one of the above things will happen...


I hope one of you Stanley's got a futon or something this nikka can sleep on.

4ghu.png


Hes not worth 15 mill because he owes 25 million
 
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Honestly I wouldn't be surprised if he was right, and I wouldn't be surprised if it's some 50 cent trick or calculated move, to hide allot of money.
 
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Honestly I wouldn't be surprised if he was right, and I wouldn't be surprised if it's some 50 cent trick or calculated move, to hide allot of money.

I can go blow someone's brains out, that doesn't mean I won't go to jail.

It's easy doing the crime. If you're ready to do the time, that's the question.

50 doesn't seem like the type of nikka that wants to rot away in jail. But, if that's his plan, he's FARRR dumber than I thought.
 
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50 Cent's Bankruptcy Judge Says's 50 is Playing Games (this is the lady that will be deciding IF she will grant 50 Cent Bankruptcy or not):

"The debtor here, Curtis James Jackson III, has been quite persistent in his efforts to bring the matters that are pending before the state court to a federal court, whether it be this court or another court," Nevins said. "Those efforts have included just within the past several weeks two attempts to remove the state court case to the United States District Court and a bankruptcy filing by SMS Promotions LLC, a business of Mr. Jackson's that's now in bankruptcy in this case. Now Mr. Jackson's own voluntary bankruptcy petition filed in this court on the very day that the punitive damage phase was to commence in the state court litigation is interesting in terms of its timing."

And the importance of the timing of Jackson's personal bankruptcy filing "cannot be overstated in light of the removal actions and [District Court] decisions," the judge found.

Federal Judge Says 50 Cent Sex-Tape Case Can Proceed Despite Bankruptcy

================

50 problem is he had yes men around him so goddamn long, he thinks EVERYBODY is Yayo and Banks.


This nikka think the JUDGE is Yayo and banks, and he can just do whatever he want.


This Judge basically just said "50 is playing Games"


She has the power to DENY this nikka bankruptcy, and force the IMMEDIATE liquidation of all his assets (instead of spreading it out over a 5 year period).


From these quotes, I'd be shocked if she actually granted him bankruptcy. Damn this shyt is gonna be FASCINATING to watch:blessed:
 
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