Malibu Media, LLC (“X-Art”) would not continue filing lawsuits (and paying a filing fee of $400 per lawsuit) unless the settlement numbers were staggeringly higher to justify that upfront outlay of cash. In the last three months alone, I viewed at least 204 cases filed which @$400/case, cost Malibu Media, LLC at least $81,600 in filing fees alone.
This $81,600 number itself is a bit interesting to me because in December, I wrote an article expressing my suspicions that “MALIBU MEDIA, LLC APPEARS TO BE ON A $20,000/MONTH FILING BUDGET.” In that article, I estimated that every 90 days, Malibu Media, LLC files roughly 100 new lawsuits, “like the breath of a dragon, or in in the spirit of their name, like the ebb and flow of the waves that crash across the Malibu shores.”
Since the last set of Malibu Media filings were in October 2016 and we have seen NO FILINGS from Malibu in the recent months of November, December, and January (90 days of SILENCE), it only makes sense that in February of 2017, we had a whole slew of lawsuits that flooded the courts.
How did I estimate Malibu Media would spend $20,000/month?
July = 75 filings x $400 per filing = $30,000
August = 59 filings x $400 per filing = $23,600 (-16 cases)
September = ZERO FILINGS. (-75 cases)
October = 109 filings x $400 per filing = $43.600
November = ZERO FILINGS. (-75 cases)
December = ZERO FILINGS. (-75 cases)
January = ZERO FILINGS. (-75 cases)
February = 204 filings x $400 per filing = $81,600
Two items to note:
1) Malibu Media is SLIGHTLY UNDER BUDGET (which means that we should expect to see roughly 20 more cases in their next batch of filings).
2) Since the April 2016 breakup of Malibu Media, LLC and their former ‘mastermind’ Keith Lipscomb (who they sued for not sharing the settlement funds he ‘extorted’ from John Doe Defendants [harsh words, yes, but not the point of this article]), understanding how much money Malibu Media, LLC is spending can help us understand how much they expect to receive for that money.
For the purposes of this short article, it appears as if months later, Malibu Media still appears to be keeping close to a $20,000 monthly budget of filing new cases. It also appears as if Malibu Media is allocating their funds to file new cases along the NY/NJ/CT Tri-State area, and Texas.
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