I do not excuse Bohemia
Despite the Rick's (a/k/a "ant/termite) insinuations, I do not and never did represent GB.
Moreover, I have not acted with regard to CCEE as a lawyer. There is no client. Instead, I have always acted here, and am acting now, for myself, as an investor.
Rather than "solicit clients" on this thread, I openly disclaimed any interest in representing clients in litigation involving CCEE, and made it clear that if there was interest in having me act as the proxy for shareholders who could not attend the meeting (a non-lawyer, unpaid role I was offering in the name of helping the investors to fight back before it was too late), as I stated here, I would hire my own lawyer.
All of this is off-point, but since the ant/termite has intentionally sought to insert confusion into the discussion, I thought it was a good idea to again disclose that he is an unreliable source of information, with a personal grudge against CCEE, and no monetary stake in the debate.
(The ant/termite cannot even read or does not understand that the word "or" is disjunctive. Look at the ant/termite's post at exchange2000.com, and read the rule yourself. It says that a lawyer "shall not knowingly:
(a) make a false statement of material fact or law to a third person." The next word is the word, "or", which means that regardless of what follows, the lawyer is still prohibited from making a false statement. That section is clear enough to real lawyers. It is a good thing Rick is just a pretend or wanna be lawyer.
Now, a return to the substantive discussion.
The question is whether GB is in collusion with CCEE to manipulate the price of the stock by playing with the information and release dates.
I think that is far fetched. If anything, I believe CCEE would want to harvest good news and release it at a strategic point to keep itself from being delisted from NASDAQ. I do not see how GB can make a material impact since the NASDAQ requires the issuer of the stock to stay above $1.
I have seen GB's promotional material on the web and have heard of it around the investment world before. I also talked to my own broker, and of course,I spoke to Mr. West. From all of that, I conclude that GB does not own the CCEE shares it traded, but rather, was a mere retail broker that pushed the stock to small, retail customers. While I do not know this for a fact, based on the way such brokers work, GB might have bought some shares for its inventory, took short positions and might have been a market maker--but even if it did, it would probably not keep many of them. That is not its main business.
Similarly, it is hard to see GB as the main underwriter for a new issue, nor is there any reason to believe that the shares would be registered any time soon. Rather, it seems to me that the shares would would be used as barter or in a private investment/placement. |
