Wednesday, October 26, 2016 10:34:19 AM
He played the system, albeit pushing up against the edges of it, very well. I contend that his experiences, most of them questionable, schooled him very well. He played shareholders including you and me superbly. If that's not the case, why did you invest? Were you not also suckered into this?
He violated no laws. Did he bump up against the edge of what is legal and what is not legal a thousand times? Yes! Did he steal from you and me? We think so, bit not really. You and I and countless others invested by choice based upon his claims and the fact that there was a product. Although his claims were largely fictitious, prove he had no intent to follow through. That's the rub. It is near impossible, if he has documentation of attempts, to prove he didn't have intent to follow through.
Now I know you like to refer to him as a dumb hillbilly. That is a classification I'll stay away from since I've met some pretty resourceful country folk in my life. But his experiences taught him how to work the system and us. He took advantage of and used the system as it is designed. He manipulated trends in the pps to excite interest in BBDA. He produced announcements that many rushed to believe without buyers substantiating his claims. In so doing, he got our cash and lived high on the hog.
Seems to me that took some smarts earned through experience as to how the work the system, although it's not the type of "smart" I want to be remembered for. Still, made quite a living from it and won't ever be prosecuted for any violations regarding BBDA no matter how much you and anyone else claims he should be in jail.
Tax fraud is another issue, but I also think he'll not see one day in jail for it. He may be found guilty, but I also think the charges are petty enough to allow him to pay a fine and be done with it. He won. Get over it and move on!
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