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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (5065)2/17/2000 11:35:00 PM
From: Q.  Read Replies (1) | Respond to of 7056
 
Meanwhile, in the Gillaspie HYIP scam suit, Wilcher's defense appears presently to revolve around an attempt to dismiss the suit and have it arbitrated instead. Apparently the "contract," which was signed when the HYIP deal was originally closed, included a clause that any dispute must be handled by arbitration by the International Chamber of Commerce, whoever that is.

I wonder if it is common for HYIP "contracts" to include such a feature to protect the bad guy from lawsuits?

The most recent docket entries, appearing in the next post, appear to deal with this defense.



To: Q. who wrote (5065)2/18/2000 12:24:00 AM
From: Janice Shell  Read Replies (1) | Respond to of 7056
 
Wasn't the downpayment check for the horse farm written on an LFT account? The only "explanation" I can imagine is too bizarre even to contemplate...