THE SONY/AEG CATALOG

SONY/AEG CATALOG

X1:

This blog entry is for adults it is not for anyone which is unwilling to do the research to really understand what is being stating here. My hopes are to shatter a few false perceptions with this blog entry. We all know that Michael was worth lots of money however it was not in cash it was in assets. For Michael to have gotten the amount of money he required to pay down his debts he needed cash!

I don't think that many people realize what sort of a situation this had become or what it would take to get out of this type of situation.  We as everyday commoners don't have the worry of balancing large checkbooks with 6 or more 0's behind them. We don't think that just because a person may have a disclosed net-worth of several hundred million that they can also be cash poor at the same time!

The logic of this does not ever cross one's mind when we speak of the rich and what we consider to be super rich to us. Being cash poor calls for one of two things:

#1. The Liquidity of Assets to Generate Ca$h Flow (ex: auctions/the selling of assets)

From Mrs. Jackson's Wrongful Death Lawsuit Against AEG Live

#2. Generating Revenue From An External Source (Employment, Investment ect.)

Michael Jackson/AEG Contract

Remember the liquidity of assets takes time and who is to say if the seller will get a fair market value for any of their items? Michael made a choice back in 2009 to do a few shows so that he could generate some revenue without having to liquidate any hard assets. I presume Michael had his own reasons for choosing this option as opposed to others. However, make no mistake that certain details in the contract which Michael signed with AEG are questionable.  Should Michael have not done the This Is It concerts it allowed AEG to recoup advances and seize his ultimate asset The ATV Catalog!

Make NO MISTAKE these were the terms of the agreement which Michael endorsed and by doing so he agreed to its terms and conditions.  I don't think the realization of how serious this was has really sunk in with everyone. Even after over two years of seeing all of these facts presented to us on a  daily basis--some of us are unwilling to accept this.

Anyone can experience financial difficulty especially people with large sums of money and assets.  Some have many people around them which are untrustworthy; please subscribe to this notion it is the truth!  Michael would not be the first celebrity which has been subjected to this.  And for sure Michael will  most certainly not be the last. I really hate to say that however it is what it is.

Some say money changes people, I beg to differ. This element was in the people surrounding him all along.  It just took a little money/greed to bring out the true elements colors of the rainbow.  I wish to be emphatically and vehemently clear when I state this to whoever is reading it:

IF IT WERE NOT FOR THE WORK OF THE SPECIAL ADMINISTRATORS OF THE ESTATE OF MICHAEL JACKSON THE SONY/ATV CATALOG WOULD NOT EXIST! IT WOULD BE

THE SONY/AEG CATALOG.

If I am not clear to you please do your own research and don't rely on anything I am stating to you now. Find the facts out for yourself and then consider what I have stated here. I promise you if you spend a few days really looking into this you will know what I am stating here is the truth. AEG was about to try to take Michael Jackson to the cleaners!

-X1

THE VAINGLORIOUS REJECT

X1 For The Record:

I would like to personally address some statements which are currently unfounded and making their way around the internet. There are some statements which reference members of the community as “Branca Fans” this is just one among many baseless and meritless claims. Please allow me in my vehemence to be emphatically clear and candid regarding this.  We on IXL & INX are supporters! We support the preservation of anything which is for the enrichment and betterment of Michael Jackson’s legacy which is to be a continuously beneficial foundation for his children. Yes, we support that--we always have and always will!

After stunning revelations some members of the community took it upon themselves to act as official spokespersons for the Michael Jackson Estate. These individuals automatically operated under the assumption that the estate had actually succumbed to the demands of the HTWF Charity via a settlement of litigation.

INTRODUCING THE BRANCA PLANT

Some also referenced (in their own public addresses) that the public statement which was in circulation via the estate was false! Aside from that people were also called “Stupid Branca Fans” or the one I love most "BRANCA PLANTS"! These statements are the most absurd, puerile, stupefied, and let’s not forget downright dim-witted!

In all actuality The Estate of Michael Jackson was able to gain control over the many trademarks and the charity name. This would mean effectively that the special administrators once again not only protected Michael’s interest financially (IP Rights)--they also protected an important part of Michael’s legacy (Charity) and his image!  To deny this would be absurd, puerile, stupefied and let’s not forget dim-witted! As I've stated prior there was more to this than what was being circulated by the tabloids at first glance.

Michael Jackson Estate v. HTW Trial Brief What You Did Not See In Circulation

There is now a great hypocrisy transpiring. For several months now, The Estate of Michael Jackson and its administrators have been subjected to a beating--erroneous claims, numerous falsehoods, many lies, and, concocted rumors.  Yes, what do they say now??? All of these rumors and fictitious statements are distortions so far from the actual truth. None of them are backed by any substantial proof—just unsubstantiated hearsay and conjecture! With all of the accusatory statements and blatant lies which have been verified as unfounded claims regarding The Estate of Michael Jackson--it appears now we are seeing a different sort of “Gravy Train Approach”-- vainglorious via the Twitterloid.


Finally, someone has stepped up and kept it real regarding all of these insinuations and frivolous claims! Yes indeed, what do they say now that we have the statement of Mrs. Jackson which is totally against what Latoya Jackson has stated about The Estate of Michael Jackson & its administrators?  You have people which have based their entire status in the community on the "GET BRANCA MANTRA":
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"Katherine Jackson, the mother of the late Michael Jackson, says she is aware of NO evidence to support any sort of conspiracy surrounding his death. A number of people, including MJ's sister La Toya Jackson, have suggested there was a conspiracy among people close to the star to kill Michael. La Toya said she believes people were involved who remain closely involved with the singer's estate, but Katherine has all but shot that down."

• Katherine Jackson Shoots Down Michael Jackson Death Conspiracy Theories

"It is only natural for people who loved Michael, including family members, to be suspicious about the circumstances surrounding Michael’s untimely death. So far I have not seen one shred of evidence that anyone associated with Michael’s estate conspired to kill him. She continues, "If such evidence ever comes to my attention I will be the first to bring those facts to light.  No one loved Michael more than I loved him, but no one should be falsely accused, as Michael was, of a crime they did not commit."

• Katherine Jackson: No Evidence Estate Killed MJ

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X1:

On one of the pages I administer called INX someone even went as far as to suggest Mrs. Jackson was a liar by saying that she was being diplomatic with her statement!  Either you are saying it is a lie or you are not there is no diplomacy when dealing with tarnishing the reputations of people! To even suggest such a thing without there being a formal investigation (Interfor is hearsay no wrong doing was ever found!) and no merit regarding any allegation of these proportions is slanderous! I am clear this is why Mrs. Jackson stepped in and corrected this as she knows the particulars surrounding what occurred with Michael moreso than the general public or anyone else does for that matter.

UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA JOHN BRANCA AND JOHN McCLAIN, Executors of the...

There is now language being utilized which is along the lines of allowing “The Parties” to continue their work and, “Tone It Down” references (Abundant Laughter).  Now all of a sudden—low and behold-- there are requests to “Tone It Down”—since they have been exposed as being incorrect regarding several statements which they have made. Pardon me; last I checked there are no parties because there is no further litigation transpiring at current time! Furthermore, that would be the incorrect way to utilize this term. Moreover, now that the estate has the charity and will monitor it—that’s what I call sweet justice--victory. Michael gets his charity back—good work special administrators—BRAVO, Hip Hip Hooray, A Standing Ovation I applaud you!

I WILL BE EXTREMELY pleased when Mrs. Jackson starts contributing to HTWF. This will be a wonderful thing! Then we can stop all of this riff raff surrounding what is the estate doing with the charity money for once and for all! Also, Michael’s children will have the benefit of seeing what rewards come from helping the disadvantaged and the happiness that making a difference in someone’s life can bring. This is what Michael was about. We can now cut a rug and do the “VICTORY DANCE” for that!

-X1