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Microcap & Penny Stocks : Miracle Entertainment - MVEE -- Ignore unavailable to you. Want to Upgrade?

To: Mark McNew who wrote (87)	8/25/1999 12:41:00 PM
From: LegalBeast	Read Replies (1) \| Respond to of 526

Have you seen "Civil Action" with Travolta? Anyone can sue for anything the wish and the bigger splash you make, the greater the chance that you will get the other side to settle. I do find the list of charges to be a bit far-fetched. Emotional distress? Has poor Golan been losing sleep? Awwwwwwwwww sniff ... OK, here is what we know at this time: Golan had a sweetheart deal whereby he was to receive a bunch of money for basically nothing. That deal is spelled out in the SEDAR filings to some degree. TC came in at about the same time that Golan left and supposedly was "bought out". Apparently, Golan has reconsidered and wants more. A guess here is that the answer to this suit will deny the averments and offer the affirmative defense of the separation agreement ... the "buy-out". Also, don't lose sight of the fact that the article was apparently authored by Mr. Rothman, and waxes quite eloquently in his list. One wonders why he would do that. the only reason I can see is to adversely affect the market, because presumably, it is the court that will decide the issues ... if it ever gets to court. By adversely affecting the market, he brings pressure on the company to settle early to get them to go away. Tactical for sure. Of course, I have no knowledge about this case other than what we read, so I reserve the right to be wrong completely, but I also think that when the list of aversions is that long, it is generally true that there is little fact to go on and therefore they want the wheel to squeak as loudly as possible. I will spend some time at the Law Lib this PM and will see what I can find on Mr. Rothman. His history may give us some insight as to the suit. Personally, I did not like the sweetheart deal that Golan wrote into his own contract way back because first it was certainly not an arm's-length deal, and second, it appeared to me that he was getting paid a lot of money for basically nothing.