VintageComics Posted May 11, 2018 Share Posted May 11, 2018 On 5/10/2018 at 3:16 PM, seanfingh said: Buying an entity's assets, in and of itself, proves nothing about the underlying solvency of the entity itself. The filing of a creditor's bill, receivership or bankruptcy does. Solvent companies have all or substantially all of the constituent assets purchased by outside interests all the time. Many states, however, have bulk sales laws that require companies to notify creditors and state agencies before any bulk transfer can be effectuated I pass no judgment on the solvency of Voldy as I have no idea, but lest anyone be confused, the type of sale (stock vs. assets) has nothing to do with solvency. I don't get the joke. Link to comment Share on other sites More sharing options...
VintageComics Posted May 11, 2018 Share Posted May 11, 2018 5 minutes ago, Jaydogrules said: I've already responded to jaybuck's opinions on the matter and refuted where appropriate. Maybe try formulating some of your own opinions and actually backing them up with something more than "because I say so". But oh wait, you dont do that. -J. You've had several people WHO DO THIS FOR A LIVING respond and you trumped them with Google searches. All is right with the world. Link to comment Share on other sites More sharing options...
VintageComics Posted May 11, 2018 Share Posted May 11, 2018 On 5/10/2018 at 3:22 PM, The Resurrection said: But do you have proof? Otherwise you are just sitting here trashing a company for god knows what reason. But I am sure you bashed Steve when he was here as well. jaydogrule's proof is his opinion, coupled with teleporting goal posts and a heavy financial investment in keeping his wheels greased. Pat, you may not have been around long to get to know him but this is typical jaydogrules shtick. Nothing will change his mind and he's the only person that agrees with him. Link to comment Share on other sites More sharing options...
Jaydogrules Posted May 11, 2018 Share Posted May 11, 2018 (edited) 12 minutes ago, VintageComics said: You've had several people WHO DO THIS FOR A LIVING respond and you trumped them with Google searches. All is right with the world. No. It was just jaybuck stating his opinion and interpretation. Which he is free to do. As I am free to disagree. I know a failed company when I see one. However that failure was occasioned is actually irrelevant in the grand scheme of things. And since you don't know what I actually do for a living I suggest you stand down. -J. Edited May 11, 2018 by Jaydogrules Link to comment Share on other sites More sharing options...
VintageComics Posted May 11, 2018 Share Posted May 11, 2018 2 minutes ago, Jaydogrules said: No. It was just jaybuck stating his opinion and interpretation. Which he is free to do. As I am free to disagree. I know a failed company when I see one. However that failure was occasioned is actually irrelevant in the grand scheme of things. And since you don't know what I actually do for a living I suggest you stand down. -J. I saw several lawyers reply in this thread. Tell me, what do you do for a living? Link to comment Share on other sites More sharing options...
VintageComics Posted May 11, 2018 Share Posted May 11, 2018 On 5/10/2018 at 4:31 PM, fastballspecial said: Its bad publicity for a company looking to gain market share anyway you look at it. I disagree. There is legal suit against CGC. Do people think less of them? Nope. Link to comment Share on other sites More sharing options...
comicdonna Posted May 11, 2018 Share Posted May 11, 2018 Link to comment Share on other sites More sharing options...
VintageComics Posted May 12, 2018 Share Posted May 12, 2018 14 minutes ago, comicdonna said: I don't think jaydogrules is going to tell us what he does for a living (other than Google 'facts'). I just know that if I have a question regarding the law I'm going to ask a lawyer and I counted several posting in this thread. I'll take their word over Google every time. comicdonna 1 Link to comment Share on other sites More sharing options...
Foley Posted May 12, 2018 Share Posted May 12, 2018 O'Doyle rules! thirdgreenham 1 Link to comment Share on other sites More sharing options...
jaybuck43 Posted May 12, 2018 Share Posted May 12, 2018 17 minutes ago, VintageComics said: I don't think jaydogrules is going to tell us what he does for a living (other than Google 'facts'). I just know that if I have a question regarding the law I'm going to ask a lawyer and I counted several posting in this thread. I'll take their word over Google every time. Haven't you seen the demonstration of Google Duplex? I'll be out of a job in 2-3 years and probably have to move to the socialist state of Canada to survive. Can I stay on your couch Roy? Link to comment Share on other sites More sharing options...
comicdonna Posted May 12, 2018 Share Posted May 12, 2018 17 minutes ago, VintageComics said: I don't think jaydogrules is going to tell us what he does for a living (other than Google 'facts'). I just know that if I have a question regarding the law I'm going to ask a lawyer and I counted several posting in this thread. I'll take their word over Google every time. Same here, Roy. There's a lot of great lawyers on the boards. Link to comment Share on other sites More sharing options...
VintageComics Posted May 12, 2018 Share Posted May 12, 2018 1 minute ago, jaybuck43 said: Can I stay on your couch Roy? All are welcome! Link to comment Share on other sites More sharing options...
jaybuck43 Posted May 12, 2018 Share Posted May 12, 2018 2 minutes ago, VintageComics said: All are welcome! I'll bring a pair of tight leather pants as a thank you gift lol Link to comment Share on other sites More sharing options...
Buzzetta Posted May 12, 2018 Share Posted May 12, 2018 To be fair... I do not think any of us will truly know what is going on until after it has happened. Even then there will probably be a non disclosure agreement rendering speculation on the subject completely moot. jimjum12 1 Link to comment Share on other sites More sharing options...
Superman2006 Posted May 12, 2018 Share Posted May 12, 2018 (edited) 10 hours ago, thirdgreenham said: When I check eBay, I make sure of a few things. When I search CGC, I also type in -cbcs, - pgx, and -it. That typically gets rid of the CBCS, PGX books, and raw books. That's 89468 CGC books at the moment. Click the sold box and the number is now 51751. 57.8% sold With a similar CBCS search, there are 8334 available and 2492 sold. 29.9% sold. A similar PGX search shows us 2016 available and 667 books sold. 33.1% sold. It certainly gives us a look at market cap, but I don't think there's really much question about that anyway. Market Cap: CGC 89.6% CBCS 8.3% PGX 2% 10 hours ago, namisgr said: Just a reminder that the total number of books slabbed by each company is cumulative, and a company that's been in business only a small fraction of the time as CGC would have slabbed far fewer books overall on that basis independent of their relative slabbing rates per unit time. If one divides those percentages for the top two companies by the number of years in business, one gets data for the relative proportion of yearly slabs of the two companies being offered on E-Bay. I suspect that for each of the companies there would be a lot more books that were slabbed in recent years given that a lot of folks slab books in order to put the up for sale on eBay or elsewhere sooner after, after which time they don't get resold quite as frequently. For example, for illustrative purposes, based on thirdgreenham's ebay slab figures above: CGC might have 24K books slabbed in the past year up for sale on eBay at one time, 15K books slabbed in the prior year, 10K books slabbed in the year before that, 9K books slabbed in the year before that... 8K... 6K... 4K... 3K... etc. etc. with a very small # of books for sale that were slabbed in CGC's first year in business for a total of approximately 89.6K books up for sale on eBay at a one time, CBCS might have 3K books slabbed in the past year up for sale on eBay at one time, 2K books slabbed in the prior year, 1.5K in the year before that, 1K in the year before that.... etc. (not sure how many years CBCS has been around, but you get the idea)... for a total of 8.3K books for sale on eBay at one time, PGX might have 0.5K books slabbed in the past year up for sale on eBay at one time, 0.4K.... 0.3K... 0.25K... 0.2K.... etc. etc.. for a total of 2K books up for sale on eBay at one time. Under this illustrative example, the relative market share of new slabs issued in the past year for each of CGC, CBCS, and PGX could be estimated based on the slabs found on eBay for each company that were slabbed in the past year, i.e. 24K CGC slabs, vs. 3K CBCS slabs, vs. 0.5K PGS slabs. Using math, this would imply the following market share %'s by company: CGC: 87% CBCS: 11% PGX: 2% All numbers above are made up for illustrative purposes, but my intent is to illustrate my assumption that there would be more slabs from each company that were slabbed in recent years on eBay, and that as such, this makes it tricky to estimate the current relative market share of new slabs produced by each of the slabbing companies. Does that make sense, or did I lose everyone, ha ha? Edited May 12, 2018 by Superman2006 minor clarification thirdgreenham and jimjum12 1 1 Link to comment Share on other sites More sharing options...
fastballspecial Posted May 12, 2018 Share Posted May 12, 2018 (edited) 4 hours ago, VintageComics said: On 5/10/2018 at 3:31 PM, fastballspecial said: Its bad publicity for a company looking to gain market share anyway you look at it. I disagree. There is legal suit against CGC. Do people think less of them? Nope. What's the suit about? That has some bearing. CGC isn't looking to gain market share. They already have it. Thats the difference. Climbing to the top is rather different then looking down at everyone else and waving. Edited May 12, 2018 by fastballspecial Link to comment Share on other sites More sharing options...
Larryw7 Posted May 12, 2018 Author Share Posted May 12, 2018 7 hours ago, VintageComics said: I saw several lawyers reply in this thread. Tell me, what do you do for a living? Link to comment Share on other sites More sharing options...
DanCooper Posted May 12, 2018 Share Posted May 12, 2018 11 hours ago, VintageComics said: There is legal suit against CGC. I don't think the suit is against CGC the company directly J.K. Rowlings is taking down names and suing any and all CGC Forum members who use the term "Voldemort" incorrectly, if it is not discussing Harry Potter-related topics. Link to comment Share on other sites More sharing options...
StayInModern Posted May 12, 2018 Share Posted May 12, 2018 1 hour ago, DanCooper said: 13 hours ago, VintageComics said: There is legal suit against CGC. I don't think the suit is against CGC the company directly "For purposes of transparency we thought it important to inform everyone that on December 13, 2016, CGC was sued in the Court of Common Pleas of Philadelphia County by Matthew & Emily Meyers, as well as by their business Investment Grade Books, LLC ("IGB"). Also named as defendants were CCS, Matt Nelson and Heritage Auctions, Inc." Link to comment Share on other sites More sharing options...
namisgr Posted May 12, 2018 Share Posted May 12, 2018 7 minutes ago, StayInModern said: "For purposes of transparency we thought it important to inform everyone that on December 13, 2016, CGC was sued in the Court of Common Pleas of Philadelphia County by Matthew & Emily Meyers, as well as by their business Investment Grade Books, LLC ("IGB"). Also named as defendants were CCS, Matt Nelson and Heritage Auctions, Inc." So we can conclude CGC must be bankrupt, do I have that right? D84 1 Link to comment Share on other sites More sharing options...
