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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?


To: DizzyG who wrote (1279)3/26/2001 3:08:14 PM
From: mmmary  Respond to of 12465
 
Diz: INVT lawsuits

That is so classic about these message board lawsuits. It's always the ones who sue the posters who are the scammers, just like Ziasun. That is why they sue; just to try and quiet people. If they were not guilty, they would just ignore it. I personally believe that when people post about scammy companies, 99% of the time it is real. Who would risk posting about scams if they weren't real? If you're a short who's into shorting frauds, you don't have to make fraud up. There's enough real fraud out there for shorts to out and play. I personally don't short fraud stocks. I just point fraud out when I come across it while I'm following stocks.

Glad to see you were finally completely vindicated. I know how it feels. Aaaaaaaaah.



To: DizzyG who wrote (1279)3/26/2001 3:37:21 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 12465
 
Diz, excellent post based on, as usual, first-rate sleuthing. Companies like INVT normally don't start "all of a sudden" disclosure of off-shore financing and dilution unless heavily leaned on by an entity such as the SEC. Furthermore, normally the SEC doesn't bother with shady penny stocks like INVT (there are so many of them and the SEC is overworked and understaffed as is) unless such companies call attention to themselves by, for example, filing SLAPP suits. So, the moral of the story is that by suing people like you, companies like INVT are doing little more than writing their own toe ticket to the penny stock morgue.

- Jeff