MIDL .... A Real Sleeper Message Board

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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Marshall W. who wrote (2049)	7/8/1998 12:46:00 AM
From: Ga Bard	Read Replies (1) of 7039

I am not an attorney but I have been told numerous times today that when a shareholder sells they settle their complaint and thus have to make a case against said fraudalent person or persons. Which is exactly what the Liquidating Trust is doing for the shareholders. So if you try to sue the liquidating trust you will not win because its beneficaries are current shareholders of record on a specific date which is to be announced. The Trust did not defraud you. If you sue the Trust you are suing the shareholders and I think you cannot do that. A judge is not going to take from victim A and give it to victim B. Now that is what I was told. So if you sold .. looks like you get to go after Dan and afiliates like the novagaz people are doing pursuing it privately. JMHO GB PS I believe if you sell your shares prior to the SOR you do not get the dividend of the trust either.

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