It's been a long, very tiring day for all of us at
HH Watch (and we're sure you too). Between reading the various press reports, the
HHI website, and slogging through the stinking heap of poo laid over at Yahoo (Doc and Smitty combined for over 35 worthless posts alone, as someone pointed out), our collective head is throbbing.
So, rather than parse to death all that's happened today (and there was
a lot), we thought we'd give you our unprofessional, uninformed and unsolicited view from 35,000 feet.
First, the press conference.
How in the world did Jim
Goold convince his client, Spain, to go out on a limb like this? In front of the entire world, and in advance of Judge
Pizzo even having an opportunity to review Spain's filings,
Goold announced the BS treasure was
definitively from the Mercedes and his client was therefore entitled to 100% of the find, with zero compensation to Odyssey.
But
Goold went even further, making what we think was a potentially fatal, profoundly stupid, miscalculation: he dramatically personalized the case, and in the process, completely and unfairly demonized Odyssey in the public eye, particularly in Spain and probably throughout Europe, where Odyssey is currently operating. In addition to essentially calling Odyssey immoral liars, he also incredibly said they had desecrated a Spanish war grave (of course, this is a completely
ridiculous and unfounded charge, and we'll address it in more detail later).
Wow. We can only imagine how Judge
Pizzo will react to this tomorrow when he opens his newspaper. How happy do you think he's going to be that Jim
Goold arbitrarily decided to serve as judge, jury and executioner before the judge even had a chance to sip his morning coffee? Think he'll dig that move?
Worse, and this is where we think
Goold seriously fucked up, his actions today virtually ensure that no compromise or settlement can be reached between the two parties, something the court almost always prefers. By purposely trying to paint a false mental picture of Odyssey shoving aside rotting Spanish corpses to greedily get at the BS treasure,
Goold has forced his client into a sharp corner we're not sure he can escape from. How, for example, can he possibly say to the people and government of Spain: "Well, we know we initially said Odyssey is an immoral, grave-robbing, lying profit-mongrel, but
today we think settling is our best course of action." (In other words, when Goold's losing the case and it's become obvious to everyone.)
We can't imagine
any scenario where Judge
Pizzo is going to be too happy about this behavior. If you think he was mad at
Stemm for talking to a single Spanish reporter about the BS find the day when Odyssey's interrogatories were due, imagine how he's going to react about
Goold spouting off to the world that as far as he's concerned, this trial is over and
he's won. Call us crazy, but we think Judge
Pizzo might have a thought or two about that.
So, how did the nimrods over at
HHI respond? About as you'd expect. Interestingly, despite not one word
ever being written on the site about the Mercedes as a "war grave," the whole bunch is all over it now, with one member even calling
Stemm a "sick SOB." Smitty, or "
SatDiver" on
HHI, went so far as to argue that if a person believes and supports Odyssey about the BS find, then they're no different from those religious
nutjobs who protest our
servicemens' funerals after their ultimate sacrifice in Iraq and Afghanistan.
It never fails to amaze us the depths these people will go to score points against their hated enemy, Odyssey. Go read the site and see if you can find one decent voice of reason or sanity. You can't. Between Doc's endless accusations of
OMEX malfeasance, Solomon's increasingly shrill,
venomous insults hurled at
Stemm and Odyssey investors, or those
HHI members who, without basis, delight in calling the good people of Odyssey "frauds," "criminals," and of course, now thanks to
Goold, "war grave
desecraters."
Lovely, eh?
To conclude: We see nothing in today's actions that represent a credible threat against Odyssey. We don't see that Spain provided any evidence to buttress their arguments about the Mercedes. And, as we all know, the burden is on
them to prove their ownership interest. Frankly, with no shipwreck to speak of, we don't know how they think they're going to pull this argument off, but we're going to have fun watching them try. Finally, Odyssey's press release tonight communicated a calm
assuredness. The company clearly seems quietly confident about where this is all headed, and we're thrilled with that,
obviously.
So, stay tuned. We're off to collapse now.