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As this final mighty battle intensifies, President Trump and the Alliance team will be working extremely hard to keep you informed, encouraged and, most importantly, UNITED.
Do not fall into divisive thinking. That is the only ammunition the cabal has left – stirring up doubt, fear and separative attitudes in your hearts and minds. Think VERY carefully before you say or post anything. Are you helping or hindering the cause?
Fight back with Unity and Love. President Trump and the Alliance team need you!
Some have already said it could be “the quickest SEC settlement in history.”
What Happened
The Securities and Exchange Commission on Thursday charged Tesla Inc
TSLA 2.07%
CEO Elon Musk with securities fraud for his Aug. 7 tweets about taking the company private. On Saturday, the SEC charged Tesla with failing to have required disclosure controls and procedures relating to Musk’s tweets.
The SEC said Saturday Musk and Tesla have agreed to settle these charges against them “without admitting or denying the SEC’s allegations.” Among the settlement’s requirements:
◾Musk will step down as Tesla’s chairman and will be ineligible to be re-elected chairman for three years;
◾Tesla will appoint a total of two new independent directors to its board;
◾Tesla will establish a new committee of independent directors and put in place additional controls and procedures to oversee Musk’s communications;
◾Musk and Tesla will each pay a separate $20 million penalty. The $40 million in penalties will be distributed to harmed investors under a court-approved process.
Why It’s Important
Carl Tobias, a law professor at the University of Richmond School of Law, told CNBC it may be “the quickest SEC settlement in history,” and it appeared “it was better for each to compromise and not drag out this dispute. All secured something they wanted and gave up something.”
Loup Ventures’ Gene Munster said this could be a wake-up call for Musk. He also said this open board creates a big opportunity for the company.
“The open board chairperson role creates an opportunity for Tesla to potentially put someone in place that is capable of influencing Musk and helping Tesla reach sustainability,” Munster wrote in note. “Al Gore, currently on Apple’s board, could be an interesting fit given his interest in climate change. Former Boeing CEO Jim McNerney would also be a good option as the former chairman at the company.”
Tesla’s stock closed Friday at $264.77 per share. View on YouTube
Jim Hoft for the Gateway Pundit reports, Republican Sen. Joni Ernst of Iowa joined “CBS This Morning” to discuss the the Kavanaugh hearings and her support for President Trump’s Supreme Court nominee.
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Craig Bannister for CNS News reports, The lawyer who won a multi-million dollar libel settlement for Melania Trump is now warning The New York Times about a story suggesting her husband, President Donald Trump, may have committed tax fraud.
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Tesla Inc.’s plunging stock price indicates investors want Elon Musk to quickly cut a deal with the Securities and Exchange Commission. The question is whether the notoriously unpredictable chief executive officer will take the hint.
In suing Musk Thursday, the SEC put shareholders’ worst-case scenario on the table: Musk’s potential ouster from Tesla.
The regulator had offered a much lighter punishment that would have allowed him to stay on as CEO, while paying between $5 million and $10 million, according to a person with knowledge of the matter.
Under the scrapped settlement, Tesla would have also faced a financial penalty, though it was lower than Musk’s, the person said.
But the accord was refused, and Tesla shares have tanked. That puts intense pressure on Musk and the electric-car maker’s board to stop the bleeding.
“He needs to settle, and the Tesla board needs to force him to settle,” said John Coffee, director of the Center on Corporate Governance at Columbia Law School.
Tesla stock (TSLA) plunged 14 percent to $264.77 Friday afternoon in New York, wiping out $7.3 billion in shareholder value. It was the biggest drop for the shares since November 2013, and the stock is now down 15 percent for the year.
Musk, 47, tweeted on Aug. 7 that he had the funding secured to take Tesla private, which sent the company’s shares soaring.
He wrote in a blog post six days later that his statement was based on meetings with Saudi Arabia’s sovereign wealth fund, including one in which an unnamed managing director strongly expressed support for such a transaction.
The Wall Street Journal reported Friday that the Tesla chairman and CEO has dug in on this point. Musk believes he had a verbal agreement in place with the Saudi Public Investment Fund to help finance a take-private transaction, the newspaper said, citing a person it didn’t identify.
Moving with unusual speed, the SEC on Thursday accused Musk of falsely asserting that he had lined up funding to take Tesla private. The regulator said it’s seeking unspecified monetary penalties and, more importantly, will request that a judge bar Musk from serving as an officer or director of a public company. The SEC didn’t sue Tesla.
“My own belief is that the SEC would not have asked for a bar” if Musk had settled, Coffee said. “One can view the proposed bar as a nuclear threat to induce him to settle.”
The regulator’s aggressive move came after Musk rejected a deal that would have subjected him to a short-term bar from serving as Tesla’s chairman, said the person who asked not to be named because the potential accord was never public.
SEC spokesman Ryan White declined to comment, while Tesla officials didn’t respond to a request for comment.
The SEC’s terms might have seemed reasonable to the typical CEO who had ended up in a situation like Musk’s.
But Musk is far from typical, as demonstrated by his recent decisions to smoke marijuana on a podcast, call a cave explorer in Thailand a pedophile and send out tweets during market hours stating that he was going to buy out Tesla at $420 a share.
After the SEC sued, Musk remained recalcitrant. In a statement, he called the regulator’s decision an “unjustified action” that had left him “deeply saddened and disappointed.”
While the SEC and Musk might still reach a settlement, for now the agency’s suit is moving forward. The case was assigned to U.S. District Judge Alison Nathan, an appointee of former President Barack Obama who has seven years experience on the Manhattan federal court. Nathan has set an initial court appearance for Feb. 1.
It’s not unusual for the SEC to lay the trump card of a lawsuit on the table when it can’t get a target under investigation to settle.
In 2010, the agency famously accused Goldman Sachs Group Inc. of peddling a mortgage security without telling investors that a hedge fund had helped design the asset and was betting that it would fail. The case was dropped in the middle of the trading day, and predictably Goldman shares plunged.
Like Musk, Goldman was initially defiant, arguing the allegations were completely unfounded and pledged to “vigorously” fight them. But as the weeks went by and investors got more nervous about the lack of a resolution, Goldman settled, agreeing to pay a $550 million fine. View on YouTube
Moments before the President’s MASS TRIGGERING today, Sarah Sander held a press conference at the White House to ensure they were reminded what was about to occur.
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Cristina Laila for the Gateway Pundit reports, Senator Lindsey Graham is turning out to be one of Brett Kavanaugh’s staunchest defenders–a pleasant surprise that is galvanizing the Trump base.
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Cristina Laila for the Gateway Pundit reports, Crooked Hillary broke out into a shrill cackle on Tuesday when she was asked about Brett Kavanaugh’s claim that the s***l assault allegations brought against him were ‘revenge on behalf of the Clintons.’
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America is a house deeply divided – and that division only continues. The entire Brett Kavanaugh saga has turned into a blood sport demanding each and every one of us pick a side. We are in new territory. And that place is “winner takes all.”
CrossTalking with Christopher Neiweem, Robert Barnes, and Brian Joyce. View on YouTube
Chris Agee for the Western Journal reports, The Pentagon confirmed on Tuesday that two packages addressed to President Trump and Secretary Mattis inside the Department of Defense headquarters showed signs of containing a deadly poison.
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Ryan Saavedra for the Daily Wire reports, A new letter, released by Senate Judiciary Chairman Chuck Grassley (R-IA), states that a former boyfriend of Christine Blasey Ford says that he personally witnessed her coaching someone on how to take a polygraph test, despite the fact that she testified under oath that she had never done so.
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Paul Bios for the Daily Wire reports, Just as his client Julie Swetnick’s allegations that SCOTUS nominee Brett Kavanaugh ran a gang rape ring at age 15 began to implode, Michael Avenatti has released yet another sworn affidavit from an anonymous accuser who claims she saw the judge try to force himself on women at various high school parties, reports Fox News.
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Uniquely tailored Mentoring Programs available to support your awakening: Intuitive Guidance and Light Language Healing / DNA Activations specific to you, when you need them. For info email: awaken@tracyradly.com
Visit the Higher Self Portal website and mingle with like-minded Co-Creators, build a profile, blog, chat, read articles, watch videos, and more! https://ift.tt/2ycqA3d
If you have articles or channelings that you have recorded in your own voice and would like them to be on the Higher Self Channel, you can submit them via email to: 1111HigherSelf@gmail.com for consideration. If there is an article online that includes the text from the recording, please include the link to it with your submission.
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Gold mining equities have been strong amid downward pressure in the precious metal markets. Hope regarding further mergers and acquisitions has had a positive effect on the miners.
Political uncertainties in South Africa may have an impact on gold production there. If political uncertainties remain, Rule’s suspicion is that gold production there will fall precipitately over the next five years.
Issues in Mexico are concerning as well with regard to mining. However, Rule says this doesn’t mean people shouldn’t invest in miners there.
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Paul Bios for the Daily Wire reports, Republican Sen. Jeff Flake admitted in an interview with “60 Minutes” that the FBI investigation – the one he called for – into the sexual assault allegations against Brett Kavanaugh will probably do nothing to clarify what we already know.
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The Future of The Earth May Look Very Strange.
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This is the Year that Everything Must Change!
What is Happening to America?
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