Jim B wrote:
>you might be saying that by unknowingly passing on or relaying bad info that >the person would also be liable .. again if he DID NOT know it was false.
Someone relaying information known to be from the architects of a well designed securities fraud is a player in the scam and NOT unknowingly passing info as you put it.
ala: Guttman/Gort==>Carl Kruse==>KevinL==>JimB==>macker
(please feel free to elaborate)
Jim B wrote:
>EVERY tv company, news agency, investment team, broker, fund manager, etc >that has EVER interviewed a company and passed on that info told to them only >to later find that it was false or misleading would be repsonsible legally for >what they passed on.
>you're going to see ALOT of people then go to jail for believing what they were >told.
There is a difference between believing what you're told
and acting upon the false information to build a trading base
manipulated for profit. (ala "TopDog")
Jim B wrote:
>if you're thinking that a newsletter or broker or anyone IS RESPONSIBLE for >relaying false info IF THEY KNOW IT TO BE FALSE, then YES you are >correct.... I too have done my homework
Yes, you are good.
Message 6474226
>Total buy dollar value : $35,614.38
>Total sell dollar value : $41,631.25
>Total net profit $6,016.87
Jim B. wrote:
>if you were going to invest in an oil and gas company.. who would you hold >more accountable if you talked to .... a self proclaimed oil and gas expert or a >unprofessional small time pennystock newsletter??
Again, guilt applies to who was privy to the scam.
See second paragraph above.
To recap from my earlier post:
Message 6488595
I'll highlight so you can see it better this time.
Those who put out that dribble knew it was false and therefore were
able to act upon it's effect. It's a microcosm of what the primary
players (ICVI/MTEI mgt.) did. The same false information was being
recirculated for the short-term gain of those publishing it.
Your take was smaller, but based upon the same type of subterfuge.
You were but one tentacle on the octopus of the scam, helping to
feed the greedy mouths of the originators (ICVI/MTEI mgt.)----
I find you equally guilty for the collective damage done through propagation of the false P/R's.
It's so sad that phase II of the scam was cut short by the SEC's suspension
and investigation. It must have been really difficult raking in a measily
$6,000.00 after accumulating another $35,000.00 worth to sell to a
new batch of “subscribers” that by then knew better.
Maybe you should come clean and tell what you know to investigators: enforcement@sec.gov
if not, I hear S. America's nice this time of year
samlink.org
(Judge Roy) Bird
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