posted
This is from milliam's post earlier today. It was a summery of what the SEC attorneys were saying at court on Tue. --------------------------------- Bill then went on to say “we’re going to find something”. I heard that one quite clear. So, they have nothing at this point? They won’t stop until they find something? ----------------------------------
IMO they don't have chit, they're chassing ghosts because they don't even know where to start. These are the people who stopped our party. I say that Ms Blacks email should find its way to Judge Cooper, that is the least that should happen to these clowns who halted a stock after taking advise from a criminal and illegal shorter...JMO
-------------------- Success is having the time and money to enjoy all of life's wonders...
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quote:Originally posted by Doniboy: I think its odd that the SEC "Absolutely will not comment on an investigation before or after the suspension" but the SEC lawyer is sending documentation to a message board holder. Weird.
Yes, odd AND weird both.
She certainly has gained my attention! Let me see, i suppose an attorney could release stuff like that into a shareholder community that she knows is "close" so it travels all over the place very quickly. I also suppose that attorney would need to be careful if she was only sending SOME of the documents. Im not a lawyer but id love to hear what one has to say on this matter.
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Good lord, my dd is finished. Anyone from this board can talk with the SEC and they will tell you anything within the letter of the law -- nothing more. Just pick up the phone. The judge isn't going to look at anything that is not presented by either side as evidence, so I am sure the company has all those defense points. You all know that. If you want further dd, then finish it yourself. I'll let others continue this discussion if they wish.
It may be weak evidence but the following is case law and we have to deal with it. The SEC has a lower burden of proof than the litigant -- page 14 of the memo to support the tro -- but you would know that since you read it. I'm going home now. 45 minute commute.
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wv...no need to get offended...we weren't cutting you down...simply breaking down the why and how of the SEC attorney on the case sending this "selected" info out...had nothing to do with you...
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I also could be Santa Claus, but I'm not. I am an executive vice president of a firm in Charlotte that helps people with their careers.
People -- no one is commenting anything new. No one is commenting anything that is a secret. Public documents and court procedure are open to everyone.
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Why would a SEC attorney email documents to a shareholder that he himself could get on Pacer? Am I missing something here? They were the same documents, right? What exactly is the "dd" that wv did?
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quote:Originally posted by wv1973: Frank -- what do you mean?
I also could be Santa Claus, but I'm not. I am an executive vice president of a firm in Charlotte that helps people with their careers.
People -- no one is commenting anything new. No one is commenting anything that is a secret. Public documents and court procedure are open to everyone.
Exactly - so why did Ms. Black feel the need to e-mail you public documents presenting their side of the story to share with the shareholers?
-------------------- Study before you buy, Sell before you think about it....
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I was just the one that picked up the phone and asked. That's all. I understand skepticism and I am trying to handle this in a professional manner. I hope you can see that. I thought you would like to see the documents.
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quote:Originally posted by new2stocks: Why would a SEC attorney email documents to a shareholder that he himself could get on Pacer? Am I missing something here? They were the same documents, right? What exactly is the "dd" that wv did?
I agree. These documents are in PACER for public viewing. The DD that vw did was to call the SEC directly. It sounds like these lawyers are on a fishing trip, sending out these documents and looking for someone...anyone...to refute them.
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I am a taxpayer, so technically she has to do what we say -- right :-). That is just a joke. You would be surprised what a friendly phone call can bring. Try it sometime.
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quote:Originally posted by wv1973: I was just the one that picked up the phone and asked. That's all. I understand skepticism and I am trying to handle this in a professional manner. I hope you can see that. I thought you would like to see the documents.
If those are the same ones that are on Pacer, I think many of us have already seen them.
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Thanks wv, everyone appreciates you sharing the documents. You are not the one people are attacking... OT: I love Charlotte and I plan on moving down that way in the next year or two.
-------------------- Success is having the time and money to enjoy all of life's wonders...
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quote:Originally posted by wv1973: I was just the one that picked up the phone and asked. That's all. I understand skepticism and I am trying to handle this in a professional manner. I hope you can see that. I thought you would like to see the documents.
Other people have called the SEC repeatedly and gotten NOTHING though...
-------------------- Study before you buy, Sell before you think about it....
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OK, if they are my bad for trying to produce something good. But, for goodness sake, no one should throw out the baby with the bath water or throw out such outlandish and insulting accusations. Ask me questions and I will gladly answer all of them.
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I'll refute them... the bonds are real. the company has 7.2 Billion in assets, and because of his ability to back up his word with existing funds the CEO at the time was not acting recklessly in annoucing the existence of those bonds. Case closed.
Wow... and to think if I would have taken the Pre Law route in college, I could have charged a $1000.00 for that statement.
quote:Originally posted by wv1973: OK, if they are my bad for trying to produce something good. But, for goodness sake, no one should throw out the baby with the bath water or throw out such outlandish and insulting accusations. Ask me questions and I will gladly answer all of them.
We're just hacked at the SEC...no harm, no foul with you ...really...
-------------------- Study before you buy, Sell before you think about it....
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Sherri -- I'm good and I got references. I've got the bedroom eyes and the lines that can charm any woman to tell me anything and slip out of her ..... and into ......
Now, let's all have a big laugh. Things are getting too tense and I am sorry I was the cause or at least part of it.
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quote:Originally posted by wv1973: OK, if they are my bad for trying to produce something good. But, for goodness sake, no one should throw out the baby with the bath water or throw out such outlandish and insulting accusations. Ask me questions and I will gladly answer all of them.
I guess my point is is that those documents are not new, they have been on Pacer since the end of October....you made it sound like these were new documents that the SEC emailed to you....at least that is how it sounded to me. IMO
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quote:Originally posted by wv1973: Sherri -- I'm good and I got references. I've got the bedroom eyes and the lines that can charm any woman to tell me anything and slip out of her ..... and into ......
Now, let's all have a big laugh. Things are getting too tense and I am sorry I was the cause or at least part of it.
You are the kind of guy I loved to chew up and spit out in my younger days
I'm just ready to go SHOPPING! LOL
-------------------- Study before you buy, Sell before you think about it....
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The SEC during any investigation should NOT be communicating or commenting on anything during the open investigation...especially on a current trading company.
Since some of these declarations are new to me (I hadn't seen a couple of them- they weren't on http://www.digitalislandsinc.com/misc/index.html and yes I am sure they may be on pacer but the point is its **some of the declarations not all) It could persuade me to dump all of my shares tomorrow (fat chance of that happening).
So in essence the point of the SEC silence is to not effect the PPS during the investigation correct?
If the ATTY only sent you some of the early on depositions which led them to believe in fraud that seems rather one sided to me.
IF the SEC is making contact with the shareholder community they have to show the entire hand- not the few cards in the SEC favor.
The whole thing seems odd and not sure why they would communicate during an open investigation!
-------------------- Got CSHD? Its fun
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quote:Originally posted by frank021474: Here is the odd part to me:
The SEC during any investigation should NOT be communicating or commenting on anything during the open investigation...especially on a current trading company.
Since some of these declarations are new to me (I hadn't seen a couple of them- they weren't on http://www.digitalislandsinc.com/misc/index.html and yes I am sure they may be on pacer but the point is its **some of the declarations not all) It could persuade me to dump all of my shares tomorrow (fat chance of that happening).
So in essence the point of the SEC silence is to not effect the PPS during the investigation correct?
If the ATTY only sent you some of the early on depositions which led them to believe in fraud that seems rather one sided to me.
IF the SEC is making contact with the shareholder community they have to show the entire hand- not the few cards in the SEC favor.
The whole thing seems odd and not sure why they would communicate during an open investigation!
Frank, did you just wake up?
-------------------- Study before you buy, Sell before you think about it....
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Public documents. Public documents. Public documents. A government entity, for the most part, must give you those documents when asked -- and I asked. Now you can see all of the SEC's filed evidence. Why would you not want to prepare your defense without all of it. It's called discovery. The SEC has to release it.
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quote:Originally posted by wv1973: I am a taxpayer, so technically she has to do what we say -- right :-). That is just a joke. You would be surprised what a friendly phone call can bring. Try it sometime.
quote:Originally posted by wv1973: Public documents. Public documents. Public documents. A government entity, for the most part, must give you those documents when asked -- and I asked. Now you can see all of the SEC's filed evidence. Why would you not want to prepare your defense without all of it. It's called discovery. The SEC has to release it.
I had to pay 8 cents per page on Pacer for the documents......
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