Feb. 11 at 2:04 AM
$VS Furthermore, regarding the securities fraud trial against Paul Feller & iCaro Media for securities fraud, brought by the SEC, for issuing false progress reports to entice investors into investing in iCaro Media, has its discovery phase ending Friday Feb 13th.
Then we start the long, drawn out pretrial stuff. Now all attorneys will see what each other has on them. They have to submit everything to the judge and he will decide if there will be a pretrial conference on Wednesday Feb 18.
Then summary judgments on motion s start, then other pretrial stuff, leading to the actual trial starting some time in 2027.
Here's where it gets good. Discovery will determine if the SEC simply moves to settle. Happens a ton. Maybe Feller/iCaro Media pays a fine and they won't be barred from the public markets. The reverse merger with VS will then move forward. No settlement? Then we will have to go through a year of pretrial stuff and then a ton of extra time for the actual trial. 2027-2028