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How Gary killed CME

On December 1, 2010 by Aaron Meehan

McKell Sues CME, CMG and Garvick Properties…And gets a TRO

  • Around January 7, 2009 , Garvick Properties executed a promissory note (the “McKell Note”)  in favor of Robert Mckell and Nedra Roney (collectively “McKell”).
  • In exchange for $2.5 million paid to Garvick Properties, and as consideration for such payment, Garvick Properties promised McKell 30% of the gross revenue of MMOguls, Inc. d/b/a Cheyenne Mountain Affiliates, Inc. (“MMOguls”), a Nevada corporation.
  • As further consideration for the $2.5 million paid  by mcKell to Garvick Properties,  Garvick Properties provided McKell with an option to be the exclusive independent distributor for CME.
  • On information shortly after the McKell Note was executed, McKell, Garvick Properties, CME, Stargate Worlds, CMG, MMOguls, and another as-yet unknown entity executed a document entitles “Master Agreement” where McKell loaned Garvick Properties $2.5 million.
  • Gary Whiting signed the agreement on behalf of CME and all related entities.
  • The master Agreement purports to terminate a December 2008 agreement as well as the McKell Note.
  • Pursuant to the Master Agreement, McKell was granted 5% of the gross revenue of CME and all related entities.
  • Pursuant to the Master Agreement, McKell was granted 5 million shares of CME.
  • Pursuant to the Master Agreement, McKell was provided 3 stacked grandfathered exclusive independent distributorships for all CME entities in perpetuity.
  • Pursuant to the Master Agreement, McKell was granted the exclusive rights to represent and provide pre-loaded credit card services for CME.
  • Garvick Properties received payments from McKell based on the promises in the McKell Notes and/or Master agreement.
  • CME, CMG ands Stargate Worlds received nothing from McKell Note.
  • CME, CMG ands Stargate Worlds received nothing from the Master Agreement.
  • On August 3, 2009 McKell filed a complaint (the “McKell Complaint”) against Gary Whiting, CME, Garvick Properties, CMG and 2 other entities.
  • Pursuant to the McKell Complaint, no sums due and owing McKell were paid.
  • Pursuant to the McKell Complaint, the 5 million shares of CME were not delivered to McKell.
  • Pursuant to the McKell Complaint, McKell were not provided with the distributorship specified in the Master Agreement.
  • Pursuant to the McKell Complaint, a confidentially provision in the Master Agreement was violated.
  • Gary Whiting didn’t make the officers or directors of CME, other than himself aware of the McKell Note, the Master Agreement, or any CME or CMG obligations related to McKell prior to there executions.
  • A “Temporary Restraining Order and Appointment of Interim President was entered by the court on August 21, 2009 (the “TRO”).
  • Pursuant to the TRO, Gary Whiting was removed as director of CME.
  • Pursuant to the TRO, Gary Whiting was restrained from conducting, directing, interfering or otherwise directly affecting the any way the business of CME.
  • Pursuant to the TRO, Vick Deauvono was appointed as director of CME.
  • Pursuant to the TRO, Gary Whiting was removed as president of CMG.
  • Pursuant to the TRO, Gary Whiting was restrained from conducting, directing, interfering or otherwise directly affecting the any way the business of CMG.
  • Pursuant to the TRO, Vick Deauvono was appointed as director of CME.
  • Pursuant to the TRO, Gary Whiting was removed as manager of Garvick.
  • Pursuant to the TRO, Gary Whiting was restrained from conducting, directing, interfering or otherwise directly affecting the any way the business of Garvick.
  • Pursuant to the TRO, Vick Deauvono was appointed as manager of Garvick.
  • Pursuant to the TRO, Vick Deauvono was appointed to act as receiver for Garvick, CME and CMG.
  • August 27, 2009, Gary Whiting prepared, signed and dated a statement (“Mr. Whiting’s Statement”) advising that he signed the Master Agreement “without adequate review”.
  • Gary Whiting’s statements advises that when he executed the Master Agreement he was under “substantial duress and distress caused by the financial condition of the companies I(Gary Whiting) have ownership in”.
  • Gary Whiting confirmed that CME and CMG received no funding from McKell and confirmed Garvick Properties received the funding from McKell.
  • Mr. Whiting Statement admits that the other officers and directors of CME and CMG were no aware of Garvick Properties’ transaction with the McKells, the McKell Note, or the Master Agreement.

Author: Aaron Meehan

Hi, I’m the creator of SG Gaming Info. When I’m not working on my writing or creating content for this site’s YouTube channel, I like to relax and enjoy character driven story games.

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