Just read THEStreet.com articles by Cory Johnson & Jessie Eisinger. WOW!!! Finally someone who does good independent research. I am impressed. Good quality writing also.
One point in the article that was miss-understood was the statement that I am an ILT salesman. I am not, never have been, never will be. I am a user of ILT equipment, just like any guy that buys a Ford Truck is a Ford Truck user/owner. I have asked THEStreet.com to retract and I'm sure they will.
Interestingly enough, every bit of my analysis of PLSIA -- the stuff Westergaard was claiming first to be fraud then misinformation, then twisted information, then badmouthing, seems to have been confirmed INDEPENDENTLY by Jesse Eisinger's THEStreet.com article. Nice bit of research on his part I thought.
I tried again to get into the THEStreet.com site but couldn't so I figured I'd post a few snips from the article I printed out when I was in there a bit ago.
This from Cory Johnson's story "Cyber Cache: Wanted Poster: A Bounty on the Internet"
Westergaard is speaking:
****snip**** "We intend to address his motives, and to do that, we have to find out who he is." That may have a chilling affect on the internet posters, well, that's the point.
What Westergaard keeps quiet is that he's accepted at least $30,000 from Premier Lasers Systems -- and this service goes way beyond Westergaard recommending PLSIA as a "must own" last year on his Web site.
"Cash payment? Well, yes, Premier Lasers is what we call a member affiliate of what we are now calling the "Westergaard Broadcast Network," says Westergaard. "You see, we will be leasing member affiliate cyberstations. These will be comprehensive value-added investment information."
You mean, a Web site?
"Well yes, its a Web site," he says. "But it'll be a state of the art site able to automatically aggregate information worldwide from the internet. And then we will have the Westergaard Cyberpatrol, or the WBN Cyberpatrol. The Cyberpatrol will be monitoring the internet, at all hours, to attempt to identify any evidence of hostile information being presented -- any information; hostile, fraudulent, misleading, rumormongering... We will immediately put on the case a rapid response team which will attempt to identify the source of information. Our lawyers will be contacting the service and identify those individuals. I think we're onto something pretty big here Cory."
Westergaard says he has no problem with his quiet role of taking money from publicly traded companies and then writing stories about them and recommending their stock. ****snip***
GREAT article, must read,,, hope they get their site up here pretty quick.
thestreet.com
Cheers Steve |
