Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: StockDung who wrote (28842)	4/10/1999 8:42:00 AM
From: tdl4138	Read Replies (2) of 122087

Floyd, <CYOE> Doesn't it seem a little ironic that the former stockholders, that bought a "scam" stock, would end up with a court approved settlement...that entitles them to more shares of another "scam" stock?...plus all of 27cents ? Would you want to be the judge in this case...when the final truth comes out...Doesn't the "court" maintain some sort of fiduciary responsibility? To allow any settlement that gives people that were scammed...another scam, seems at least to me, a total mis-carriage of justice. Doesn't the court have a responsibility to at least do some sort of check on CYOE...to ascertain if the "new" company has indeed changed...or are still up to their old tricks? Aren't some of the principles...the same people that were involved with Diana? As I understand the settlement, the payoff also includes warrants to purchase CYOE...at various price levels. Doesn't that explain todays attempt to kick the price up? No one would take the settlement seriously if CYOE was trading at 2-3...but if they could run the price up...those warrants would appear to have a true value... In a strange way the judge in this case, in my opinion, actually helps perpetuate the CYOE scam by allowing this structure of settlement.At the very least, the plaintif's attorneys should be interested in ascertaining what the "true value" of any settlement really is. If this travesty is allowed...and the shareholders get taken again...what recourse would there be this time around? I guess the only justice here would be if the attorneys that work up this deal get paid in warrants too. Just my thoughts Dave

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