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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Buckey who wrote (88845)7/27/2001 2:01:00 PM
From: Catfish   of 150070
 
The question of whether USXP can collect is a valid one, but on the other hand most companies carry insurance on their management team to cover such things. The company is Select Capital along with the individuals named so, they should have had insurance. Btw, the PR mentioned insurance as being a part of the collectibility issue.

``On one level, it is gratifying to have a judicial system validate what we have been saying since 1998. On another level, collectibility is huge and now we are able to introduce professionals to trace the paper trail for collusion, damage culpability and offshore accounts. This might bring some compliance officers and insurance companies into this issue of collectibility. We will now allow the professionals to collect. We have done what we said we would do in 1998 and more,'' concluded Altomare.
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