*********NOTICE TO ALL**********
Blitz is going to post the truth about what's going on here with the lawsuit etc shortly
Heres some mor insight from another thread:
Now imagine something like this...
Previous management of MTEI, selling a shell company to a group
of businessmen, illegaly sells millions of unregistered shares of stock
just prior to the reverse merge.
Fast forward...
Current MTEI management uncovers the fraud, files a lawsuite
against prior management for damages. That same day, a basher
shows up on the most popular stock chat bulletin board on the
internet. This basher, bluehorse, has enlisted the help of several
notorous bashers...In an attempt to manipulate the stock price...
We should probably address why...
Why manipulate the price? Because as a previous member of
MTEI's managemet, (now involved in a lawsuite involving the
current MTEI management) he knows that he will have to come up
with millions of shares of MTEI stock that he had previously sold
illegally. Knowing this, his only objective is to lower the price as
much as possible in order to begin buying all of these shares back
that he will eventually be accountable for through the lawsuite.
To successfully do this, he enlists the help of anyone willing to aid
in his cause. All the while, all of these individuals are in direct
violations of S.E.C. regulations regarding manipulations of stock
prices.
So, what do we know?
We know bluehorse showed up the day the lawsuite was filed,
registering to be a member of SI only days before. As of tonight,
the only thread he has posted to is the MTEI thread...
We also know that bluehorse is Joe (Gort). As confirmed by Janice
Shell, and btw... Thank you.
We know that prior MTEI management sold millions of unrestricted
shares to the public, illegally.
We also know that today the SEC suspended trading of MTEI. Did
anyone ask why today? The valuations on MTEI's property have
been available for over 6 weeks, while the lawsuite information has
been public information for 2 days... So what is it? Not too hard to
decide why the SEC stopped trading...
There are a handful of people that know the true story here. I am
very glad that I'm not one of them tonight. |
