SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Just My Opinion who wrote (49330)7/9/1998 12:43:00 AM
From: TopCat  Read Replies (1) | Respond to of 55532
 
>>>If they share it, (the info) with the shareholders, isn't that making the info public? Since it is a private placement, why do they need to let you all in on it? It's not for you guys, and you can't buy anyway.<<<

It's just a simple policy......something that effects shareholders also effects potential shareholders....that's what a PUBLICALLY held company is all about. Get it?

TC



To: Just My Opinion who wrote (49330)7/10/1998 9:16:00 PM
From: Rich_1  Read Replies (2) | Respond to of 55532
 
>>>>>>

canoe.ca

Philip pierces Net secrecy
Court decision gives beleaguered company access to names and addresses of
people who have made negative comments about the firm in Internet chat group
By SANDRA RUBIN
The Financial Post
Philip Services Corp., its stock decimated by a barrage of writedowns and
troubling accounting practices, has quietly won a court order forcing about a
dozen Internet providers to cough up names and addresses of people who posted
negative comments about the firm in an Internet chat group.
The move has potentially chilling implications for privacy and the
Internet. It
means Canadians who exchange information and opinions in chat groups have lost
the traditional cloak of anonymity and can be held liable for what they say.
The order, granted by Ontario Court Justice Nick Borkovich in Hamilton, was
made ex parte - without Internet providers, including America Online Inc.,
AOL's CompuServe division, iStar Internet Inc. and Weslink Datalink Corp.,
being notified or present to make arguments.
It instructs the providers to hand over to Philip names, addresses, e-mail
addresses, telephone numbers, computer serial numbers and other information
for
a specific list of messages posted on Yahoo in April, May and June.
It doesn't stop there. The providers were also told to preserve "all other
messages sent by such persons through the Internet providers."
And they were ordered to supply Philip with the real identity of the users who
posted messages under pseudonyms - common practice in chat groups.
Philip was granted leave to examine the information, although that decision
was
later reserved pending another hearing.
The court also ruled that the files be sealed and expressly forbade the
company, its employees and agents to "publish, speak about or distribute this
order or any documents provided with the order."
Many of the messages, which can still be read, appear to make allegations of
criminal activity against Philip executives and express fears of what might
happen to anyone who exposes too much about the firm's activities.
But Philip spokeswoman Lynda Kuhn said it was company employees who felt
threatened by what they were reading. That's why Philip decided to act. She
said some of the worst messages have now been pulled by Yahoo at Philip's
request.
"The tone of the board became increasingly malicious and downright
defamatory,"
Kuhn said.
"It libelled employees of the company, issued threats of stalking, a whole
range of ethnic slurs, and got to the point where employees were very
concerned. So the company decided it was going to take action." At least one
service provider, Weslink, said yesterday in a letter to Philip's lawyers it
was complying with the request and provided information.
John Gallagher, a former member of Hamilton city council in 1985-91, had his
name, address and telephone number turned over.
Gallagher, a municipal activist who walks with a cane as a result of a spinal
injury received in a car accident, scoffed at notions he is threatening. He
said he stands by what he wrote, but disagrees with the judge's decision to
grant the motion ex parte - denying him a chance to speak.
"I'm disturbed that I wasn't present, or that I didn't have a representative
present, to make submissions," he said. "I believe I had good reason for using
aliases."
Gallagher, who said he has never owned Philip shares, also said he's troubled
by the fact Weslink provided his name.
"I'm a little surprised that my server would not fight this vigorously and I
have a lot of concern - and I'm sure a lot of Internet providers will feel
this
as well - that they didn't fight this all the way to the Supreme Court [of
Canada]."
Weslink said in a late-day statement it views customer information as "private
to be utilized only for the purposes for which it has been provided." It said
rather than complying with the original order, it went back to the court and
was able to have the scope narrowed somewhat.
Lawyer Alan Gahtan, who is co-writing a book on Internet law, said obliging a
provider to turn over all messages sent by a particular user is "troubling."
"I think it's a serious infringement on privacy," said Gahtan, with the law
firm Bennett Jones Verchere. "It sounds like they went too far.
"It's almost like someone could go in and look at all the books that you've
read. They can go in and get all messages. Well, when you extrapolate it, does
it mean that someone can go in and get an order for every Web page you've
looked at? You're getting into someone's head."
People shouldn't be allowed to use the Internet to commit illegal acts,
such as
libel, said George Takach, who heads the high-tech practice at McCarthy
T‚trault.
He predicted this case will send a definite signal.
"It'll definitely be a wake-up call to that part of the Internet culture that
views the Internet as no-man's land where you can do anything and get away
with
anything."<<<<<<<<