"Once I found out about the Reg S abuses and the "IPO" document, though, I figured ZSUN would meet with an unhappy end, so your instincts were right".
Per the second quarter 10Q filed with the SEC today, ZiaSun maintains that the lawsuit filed by George Joakimidis (aka AlpineSleuth) is without merit. The company goes on to say that it will vigorously defend this matter.
Eric Fader Esq., who also happens to be Francois Goelo's attorney, appears to have a different view. In arriving at this view, Eric Fader Esq. had the opportunity to review certain documents, including a ZiaSun (formerly BestWay) Offering Memorandum and the invoices covering the purchase of stock. George sent these documents to Francois, who in turn sent them to his lawyer. Here is Eric's post to me of August 16, written soon after he had read the WSJ article:
Mostly OT"
OK, I get it. You're just reestablishing your credibility, generally. No problem with me.
BTW I never expressed a definitive opinion on ZSUN, even when you guys and Francois were dragging me into the battle. All I said at the time, if I recall, was that you hadn't found a "smoking gun" despite the links among names and addresses and other things you'd posted. Once I found out about the Reg S abuses and the "IPO" document, though, I figured ZSUN would meet with an unhappy end, so your instincts were right. I won't express an opinion on CYBR right now for other reasons, but their technology is real.
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