Fan report (Part 1) from Moonstreet @ KOPD (re: Guy Holmes testimony):
GUY HOLMES Once I joined 2 SEA'S Im learned about a written agreement called The Combined Rights Agreement" He is certain he say this agreement, which had Michael's signature on it, but not the Sheiks. He said he believed it was a finished document. When asked by by Englehart, does Michael have a copy, do you have a copy, does the Sheik have a copy, he answered no to all.
After further questioning it comes to light that the document Guy Holmes saw was a draft. He apparently sent this draft to Michael's residence in Bahrain by courier but there is no record of this as he dosnt have a receipt.
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Further questioning about the "draft" that was supposedly sent to Michael for him to sign. It was sent to him with no cover letter and even though it was a draft of a contract written up under English Law, no one familar with English Law actully went though it with him.
Guy Holmes also helped organise the phographer who took the photo of Michael signing the contact with the Sheik. Under questioning it come out that Michael thought this photo was just for show as he hadnt actully signed a proper contract but the Sheik wanted the world to think Michael had actully signed to 2 SEAS.
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GUY HOLMES "I learned some days after the Agreement was signed that it was not an incorperated company"
GUY HOLMES "Michael had no interest in the coperate structure of the company and only talked about his music and vision, he trusted the Sheik and Guy to look after things and make sure everything was ok"
After Michael signed this agreement there was still work to do with this company, settling the structure. Guy Holmes was under the impression that the company was formed, was told by the Sheik it was but in actul fact the comapany didnt exsist and never has.
JUDGE SWEENEY " Did you tell Michael Jackson he had signed a contract with a company that didnt exsist"
GUY HOLMES " No"
errin :rant: