We hit a small snag with the CFPB. The deal is not in jeopardy at this time. I apologize that the announcement did not go as planned. I'll will update again when I have more information/ final word. I am not a troll and not trying to give any false information; I truly want people to have truth. I am prepared to be blasted for my mistake.
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So this was a statement from the paperwork filed today with SEC:
In addition, the uncertain outcome of the school sales that the Company is pursuing creates uncertainties regarding the valuation of the Company’s assets, as well as its financial condition and results of operations as of and for the three months ended September 30, 2014.
Uncertain outcome of the sale.....so much for the sale is done, small snag....LMAO.....pathetic liars !
Still going to divert , deny and avoid ? Liberal lefty !
AGAIN ! Diverting from the FACT, that nothing you have posted HAS NOT HAPPENED , NOTHING !
Liberal democrat ! Avoid, deny and divert ! Typical LIAR !
Are you related to Obama ?
BTW if I see you trying to affect morale around here. I will be calling you out every time. Little dweebs like you deserve to get stomped on!
Listen 184..This is my final post on this subject...I dont work for CCi but I have been following the situation for several months...I feel bad for the political situation that the employees have had to suffer through...people like you want to see it all crash and burn...you are nothing more than a virus here...I would like to see it turn out positively for the employees...the OP seems genuine and you have an agenda to discredit anyone that seem genuine...you are nothing more than a virus here...if you dont like me backing up the OP then you can choke on my big toe...capiche loser?
You have answered NOTHING, just as NOTHING you or your alias has posted has actually happened, you like to divert from that huh !
I already answered your question nimrod.
@167 and still diverting from the FACT nothing posted has actually happened, you must be a liberal , left wing democrat, that's exactly what they do when confronted with facts! Divert, lie and avoid! LMAO!
167 Good luck tracking down Mr. Trade Craft fool lol. Im no longer responding to your insanity.
@166 again get out from your moms basement and stopped playing pretend, maybe one day you will not be a social retard that needs to spread lies. Funny how you completely avoid the FACT nothing you (or your Alias) posts has actually happened, avoid it everytime, I guess a mental midget like yourself cannot argue facts
156 You're not as smart as you think you are. The OP is legit. I am glad the OP is letting people know whats going on. I am NOT the OP. Anyone with half a brain can tell I have a different style of expressing myself. You are a paranoid little bulldog who barks in the dark.
@156 and you're obviously a pathetic loser who posts under different pseudo aliases all day. Posts bogus info over and over, as nothing has actually happened, just you opening your pie hole with nonsense, your alter ego ECMC employee alias has not called ONE THING RIGHT, NOT ONCE, so you're obviously just a sad , pathetic little troll that clearly has nothing better to do
152 is that you Mr. Kool Aid? I meant 152 in the previous post. The fruity fruition kool aid guy.
135 Now you think I'm the OP because I defend a stranger. No I defend the facts the best that I see them. Nothing has happened because it all relies on the deal being signed. You're dim and short and can't help it. I understand.
BH: you said you were there, which I actually believe. So you know that it was not a matter of running some reports. It was the hard copy placement documents created at the campus level that did not match the CV data / data submitted to ED. Detractors did not shut things down as it's hard to prove a negative (look it up). Anyway, once again, even if you dismiss this info, tell us why we could not produce the backup ED wanted given they gave us months to produce it and given the gravity of the importance of timely submission? Yes, stay tuned for the truth to come out. But then your perception of reality doesn't seem to be anchored in facts that you find inconvenient.
Anonymous48120: So you are saving we had backup documentation that we changed instead of running new reports to provide the DoE? I will stayed tuned for the truth to come out. If they were so wrong how come the DoE lifted the 21 day hold? If the numbers didn't match would Sen. Durbin be all up in arms? If they were wrong the people wanting to shut down CCI would have done so with zeal.
@135 nice way to divert, not one thing has happend tbat this supposed employee has posted. It's likely you, posting over and over. Get out from your moms basement, get off the computer and get a life!
Hyaterical how you would come to the defense of a stranger who has been WRONG everytome they (I mean you ) post something
CVue has been polluted by so many people for so many reasons and for so long that it is absolutely not a credible verification of placement. Hanging your hat on that? Bad move.
Jacker, you have had absolutely no role in masturbating that data into the form you contend is current. I call bullshit. Those numbers DO NOT MATCH. Stay tuned for the penalties and get back into whatever your productive zone was.
129 Not my problem if you cant detect the subtle nuances between fact and fiction. Some of us are more skilled at that. I'm not sensing much complexity from you though, especially since you keep repeating the same worn out thought process over and over. Maybe you need to look elsewhere for your "fruitions".
@082 how about one statement that has actually happened, nothing.....it's all BS.
BH: You are correct! CampusView placement rate data was not changed. The backup documents supporting the numbers in CV had to be changed so they matched CV. If they matched up front, then CCi would have been able to supply the data quickly to ED, which they of course could not do. But no matter. You are a true believer, and you will simply discredit (and attack) any info that does not align with what you want so desperately to believe.
Anonymous48037: Calling you out. For you to cook the books would have required data to change in CampusVue and other systems. I know that no data was changed because I was also part of the group but did not sit in McCord. Bullcrap is all you have
What are you expecting fruition on? 8-K date probably? Well there was an unexpected delay and the reason was explained. So far this poster has offered a lot more information than you have. You probably failed to notice any information that wasn't relevant to yourself.
or more like a fake just playing with you........has not posted ONE thing that has come to fruition, name one......
The OP has a good posting history....tried to give an update when he had no obligation to...then came back and apologized ..he had no obligation to do that either ..probably something the whiners wouldn't bother to do
The OP has posted NOTHING useful, not one thing the OP has posted has come to fruition, NOTHING..... All they have posted is nonsense.
Thank you OP. You are taking a lot of crap for just trying to provide some useful info.
037, weren't you part if the fraud, too? According to your post, the answer is yes.
037 I would imagine that being an individual tabulator would not give you as much widespread knowledge as you claim to have. This sort of "operation" would require that workers like you knew as little as possible. I guess they weren't too concerned about who knew they were "cooking the books"? I doubt you worked there at all.
037 That sounds like a very incriminating email to send to 'the one hundred'. Are you sure you were actually one of the 'one hundred'? Or are you just another person hoping a nice scandalous story might work to your benefit as a short investor?
Okay, I was one of the "one hundred additional resources dedicated to providing placement data" back in the summer. I spent dozens of hours finding out that what CCi reported did NOT match their own backup data. Why did it take so long for CCi to get the placement data to the ED? It is because CCi had to 'cook the books' and provide doctored placement data to support placement summaries it already submitted. Leadership in Academics even sent an email to 'the one hundred' saying that if backup did not match the submitted data, we were to keep that info to ourselves and notify leadership of the discrepancy so it could be 'fixed'. I do hope that ED is auditing the details... They were falsified.
I've since left, but those of you still there know this - you are part of a fraud.
hijacker I would imagine with all the attention over the last 5 months accurate placement rates would have been a priority.
I didn't hear it was the CFPB but a couple of states AG that want more money than we offered them. My question is did the DoE or anyone else find discrepancies in the data reported to them and what they believed our numbers were? With the data we gave the DoE on placement rates it never came back that we, CCI, were wrong.
@"26900 (CSC)" - you are my idol. love guys (or girls) that have courage to say it how it is.
You guys are really very mean. You really need a little more joy in your lives. ick.
Also, would you people PLEASE learn to spell. This is outrageous.
@925 since you cannot even spell guaranteed , everything you say is discounted as false, must be an Everest graduate.......
922 This has been a very long ordeal for some of us. We have had plenty of alternate sources to verify the leading up to present day scenario. Obviously the delay is because they want to assume the least amount of liability possible. People who call other people liars just sound like whiney little children BTW. Might wanna work on that.
Actually the poster about the transfer of liabilities is correct.
It is not made up. Anyone with basic business/legal background would know/understand this.
I've actually spoke to divisional HR person. It is indeed true. The other item is the CA AG holding up the process. The AG is in the process of contacting current and former graduates asking them various questions about how they earned their grades to if they were gaurenteed a job.
Oh please ECMC is NO WAY assuming liability, NO FREAKING WAY......Nice try to cover up your nonsense when you were called to the carpet and shown to be the liar that you are.
They would be exposing themselves to unlimited amounts of liability, absolute NONSENSE !
The OP sounds like he has knowledge of the situation. I have been through this twice before, and the new companies had a third party HR company handle the transfer of employees. They first terminated everyone from the old company, then they issued offer letters the same day for employement with the new company. The employees at the campuses that make more money than industry average should be mentally prepared for this. I have no specific knowledge that it is going to play out this way, just my prior experience.