It seems only fair before I get too into the weeds here to just give you the facts of the con. I don’t really see any point in keeping anyone waiting through four hours of a South Park-esque presentation for something that really only takes maybe 1-2 hours and two or three documents to get to the core of it all.
Here are some links for a bit of light reading that gave me a good idea of what this debacle was all about:

“Libertarian of the Month Ripoff Dept.” (The Libertarian Forum, Monthly Newsletter, May 1975, page 7)

Caselaw: PEOPLE v. CARMICHAEL (Court of Appeal, Second District, Division 2, California, Decided: May 23, 1980)

“A Dale For Sale…By Hook or By Crook” by John Pashdag (Motor Trend Magazine, July 1975 part 1)
“Liz Carmichael’s Dale Deal, Part 2” by John Pashdag (Motor Trend Magazine, August 1975 part 2)