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We may see 0.0004+ by Fri close.
Only in your dreams. The markets are closed tomorrow.
Keep reading, you'll find the references to the sting site the SEC set up.
Here ya go, it's still up:
http://www.mcwhortle.com/
As far as the SEC liking it? Go read their report online. That will tell you how much they liked it.
Making things up? The SEC never had anything at all to say about Webnode.
"It isn't funny," said Tamraz. "No one thinks it is funny anymore."
Well, no one at Bizwire, anyway. Even years later, that makes me laugh out loud.
How did anyone miss seeing the Japanese attack on Pearl Harbor?
Some did see that one coming. I'm sure you're familiar with the conspiracy theories.
And as you know, an FBI agent tried to alert the folks in Washington to one of the flight school terrorists. But nobody listened. Perhaps one could say that, as so often happens, the "bashers" were ignored.
Company Must Pay Attorney Fees In Chat Room Speech Case - Global Telemedia International - Company Business and Marketing
A U.S. District Court Thursday ordered Global Telemedia International [OTCBB:GLTIE.OB] to pay more than $55,000 in attorney's fees to two defendants. The company had sued several anonymous individuals for posting comments critical of GTMI in an Internet chat room.
According to court papers, Barry King and Ron Reader posted numerous messages on the Raging Bull message boards from March to October 2000. The defendants posted anonymously by adopting pseudonyms - King used the handle "BDAMAN609" and Reader was known on the boards as "electrick_man."
Raging Bull is described by the court as a financial Web site that organizes individual bulletin boards or chat rooms, each one dedicated to a single, publicly traded company. The judge noted that the majority of posters appear to be investors or prospective investors in a given company, but stock ownership is not required to post.
GTMI last fall filed a lawsuit against King, Reader and other defendants. The company alleged that negative comments by several posters about GTMI and its management constituted trade libel and interfered with contractual relations.
On Feb. 23, U.S. District Judge David O. Carter granted a motion to dismiss the case by defendants. In his decision, the judge noted that unlike many traditional media, there are no controls on the postings in chat rooms. As a result, such writings are almost always opinions, and therefore are protected under the First Amendment.
"In sum, neither Reader's nor King's postings are statements of fact," the court wrote. "Given the general context of the postings, the colorful and figurative language of the individual postings, the inability to prove the statements true or false, and in one case, the posting of documents to support the poster's statements, the postings are opinions."
Because defendants King and Reader were speaking as investors, not as competitors of GTMI, the court found they were protected by a California law written to protect individuals from retaliatory lawsuits from corporations that feel they have been disparaged. These are referred to as "Strategic Litigation Against Public Participation," or SLAPP lawsuits.
The court ruled the anti-SLAPP provisions are applicable to GTMI's lawsuit against King and Reader. The judge Thursday ordered the company to pay the two defendants' attorneys fees.
Megan E. Gray, who defended Reader, today told Newsbytes, "it is nice to get an award like this."
According to Gray, this is the first time a court has applied the mandatory attorney fee provision in the anti-SLAPP statute to a defamation lawsuit involving anonymous Internet message board posters.
"This is especially important, because there are hundreds of these frivolous lawsuits filed across the nation in an attempt to silence people from posting critical opinions on Internet message boards," said Gray.
About 15 states have similar anti-SLAPP laws, according to Gray.
Bruce Braun, an attorney who specializes in Internet legislation and free speech on the Internet said the court's ruling is potentially significant.
"It is likely that this decision will be used as a guidepost in similar cases," he said. "It is a very important decision."
Braun said he had never heard of another case where attorney's fees were awarded to message board posters, but added that there might be an unpublished decision.
Braun, who was not involved in the GTMI lawsuit, praised California's anti-SLAPP statute. He said defendants can force a corporation to show they have a "probability of success" on its claims of defamation.
"This is an unusual provision. It offers defendants extra protection," he said. "It is a defense of free speech. It lets a defendant tee the issue up at the outset of litigation before the attorneys' fees get too high. The plaintiff must come forward with facts that show a probability of success on merits. The plaintiff must have its ducks in a row."
In the GTMI case, the court found that, even if the postings King and Reader made were statements of fact, the company would have to show damages as a result of the allegations the defendants made online.
Because the company's stock price fell significantly before either defendant made a negative post, the judge found no support of GTMI's claim of trade libel or defamation.
"This case might start a trend," said Braun. "The attorney's fee provision is critical. It is a necessary deterrent to stopping corporations from overreaching."
According to Braun, a company can attempt to silence criticism at a minimal cost to itself, while a defendant would have to hire an attorney.
"This ruling sends a shot across the bow of many corporations. Not only do they generate bad publicity if a lawsuit is found to be frivolous, they have to pay attorney's fees as well," he said. "This brings us closer to the English system, where the winning party's attorney's fees are paid. That results in less litigation."
"With this ruling, companies will be forced to do due diligence before trying to silence people by suing them," Braun added.
Attorneys for GTMI did not return phone calls for this story.
Baker &Hostetler is at http://www.bakerlaw.com .
The U.S. District Court for the Central District of California is at http://www.cacd.uscourts.gov .
Reported by Newsbytes.com, http://www.newsbytes.com .
17:24 CST
(20010518/Press Contact: Megan E. Gray, Baker
The Godders are running wild at RB tonight. Now they believe they'll be "paid" on Good Friday.
Paid what? Thirty pieces of silver?
I certainly can't disagree with you about that.
For heaven's sake. That's scarcely new. The Task Force said that from the outset. This is a distribution, not a share exchange.
You know he is.
Hey, it was the first time I'd seen it. They're posting and reposting it over at RB, as if it actually means something.
And...don't look now, but CMKX and its shareholders are a laughingstock. They don't raise any real issues, they just drive people crazy. I dount anyone with power would lift a finger to help them at this point.
Not that there's anything anyone could do. They bought a scam stock and now they're paying the price.
There is no short position in CMKX.
lol, it has to have been written by jay_adobe. He must be doing a "30 Days to a More Powerful Vocabulary" course.
Too damn funny!!
Email from Willy, Read this post.. I believe it's Maheu talking...
Found on the proboards:
In Action Be Primitive; In Foresight, a Strategist
« Thread Started on Apr 9, 2006, 5:38pm »
Consider briefly, why you are here.
How did you learn of this company? What information determined your
purchase of stock? How was the information disseminated? What goals did you think would be realized by this investment?
For many, it was the dream of wealth and prosperity.
The long, daunting task of waiting and subsequent pause of the
release of official information has resulted in frustration, grief,
and emotional stress for many.
While dwelling on the burden of delay, consider the trials and
tribulations of others, which may not have been visible during these
frustrating times.
A man with a vision, once purchased claims surrounding some of the
richest known lands in Canada. For years, only one company
monopolized the diamond industry, with little challenge.
To develop, explore, and survey the area, a source of revenue was
necessary. The decision to go public with this offering, without
documented worth, was a considerable risk.
For the endeavor to be achieved, a gamble was necessary. While I am
of the belief a man may be a genius when confined to his area of
expertise, he may be naive and ignorant in others.
To learn of an anfractuous plot to undermine your progress and
destroy all effort put forth in your quest, alternative plans are
designed as the remedy for betrayal.
Authorities with a wealth of expertise in covert operations may be
sought for assistance in these matters. Skilled executioners must
create, develop, and implement a formula for success, with a gift of
foresight to expect the unexpected.
Many complex scenarios exist for derogated victims of bureaucracy,
choused from their rights of equal protection and justice under The
Securities and Exchange Acts of 1933-34. Although many of the abused
cannot provide the necessary substantial documentation and evidence
to support the alleged charges.
As a child, I often complained about daily chores. I had blinders on,
assuming I was carrying the bulk of the burden for the household. Not
once did I realize as a child , my father assumed the financial
responsibility for the family. My mother was the nurturer, caretaker
of our home. My siblings had tasks similar to those assigned to me.
As I grew older, finding myself in my father's shoes, I realized my
contributions to the household were not comparable to either of my
parents.
The same can be said of our current dilemma. If forced to step into
the shoes of Mr. Casavant, finding yourself the target of corruption
and manipulation, how would you proceed?
* Perhaps you would form alliances with trusted individuals and
companies to protect what is vulnerable.
* You might engage in disinformation campaigns as a barrier against
looting and thievery of valuable claims and assets.
* Perhaps you would explore roads never traveled to ensure the
possibility of a successful outcome.
* You align yourself with individuals who possess a winning track
record.
* Creating an army of determined players, much like yourself, you
march onto the battlefield.
While each army stares at the opposition, the army commanders have
settled into a heated poker tournament.
As the cards are dealt in the last hand, fate is certain.
The key hand is upon us.
The opposition is confidently holding a full house.
One does not go to war without the ability to win. We walk softly
carrying big sticks.
The same is true with games of chance.We may provide misleading
signals, as we up the ante. The illusion is created to cause the
opponent to misinterpret our hand as a bluff.
When all bets have been placed, the showdown will commence.The
revelation of who holds the royal flush shall then be known.
If you want answers, I suggest thorough review all filings before and
including the 14C. Insight may also be obtained by researching
filings of affiliates and partnerships. Untangling the web is vital
to discovery.
Is it logical to conclude the efforts being made by the task force
are simply to distribute Entourage stock?
Are the expenses incurred by Mr. Casavant, income lost by task force
members, and the various responses from brokerages and the Depository
Trust Clearance Corporation, the status quo regarding dividend
distribution?
It is impossible to see what is not yet visible, tho some are blessed
with the gift of vision and foresight, others gain insight by
inquiry.
For the average layperson, hindsight is 20/20. Perhaps a thought to
keep in mind, in your quest for vision.
"Most Americans have no real understanding of the operation of the
international money lenders. Theaccounts of the Federal Reserve
System have never been audited. It operates outside the control of
Congress and manipulates the credit of the United States" -- Sen.
Barry Goldwater (Rep. AR)
"The Federal Reserve banks are one of the most corrupt institutions
the world has ever seen. There is not a man within the sound of my
voice who does not know that this nation is run by the International
bankers -- Congressman Louis T. McFadden (Rep. Pa)
"A great industrial nation is controlled by it's system of credit.
Our system of credit is concentrated in the hands of a few men. We
have come to be one of the worst ruled, one of the most completely
controlled and dominated governments in the world--no longer a
government of free opinion, no longer a government by conviction and
vote of the majority, but a government by the opinion and duress of
small groups of dominant men." --President Woodrow Wilson
"It is well that the people of the nation do not understand our
banking and monetary system, for if they did, I believe there would
be a revolution before tomorrow morning." -- Henry Ford
"To expose a 15 Trillion dollar ripoff of the American people by the
stockholders of the 1000 largest corporations over the last 100 years
will be a tall order of business." -- Buckminster Fuller
"In the United States we have, in effect, two governments....We have
the duly constituted Government....Then we have an independent,
uncontrolled and uncoordinated government in the Federal Reserve
System, operating the money powers which are reserved to Congress by
the Constitution." -- Congressman Wright Patman, Chairman of the
House Banking & Currency Committee, speech on the House floor, 1967
Re: In Action Be Primitive; In Foresight, a Strategy
« Reply #9 on Apr 9, 2006, 9:48pm »
For simpletons with the inability or refusal to comprehend, I will
summarize.
The Federal Reserve is not a government entity. Many have been misled
by word association.
The Federal Reserve is owned by 12 central banks: Chase Manhattan
Bank of New York, Lazard Brothers of Paris, Rothschild Bank of
London, Israel Moses Seif Banks of Italy, Rothschild Bank of Berlin,
Warburg Bank of Hamburg, Kuhn Loeb Bank of New York, Goldman Sachs of
New York, Warburg Bank of Amsterdam, Lehman Brothers of New York.
The FED controls the media. In the 1930's they began acquiring large
holdings in the media sector in the attempt to contain what they
wished to remain hidden from the general public. Today, they either
own or
significantly influence a majority of the media, while allocating
large political donations to sympathetic members of Congress who
permit the thievery to continue.
The Depository Trust Clearance Corporation, otherwise known as Cede
and Company, is a subsidiary of the Federal Reserve. The Depository
Trust Clearance Corporation answers to the FED. The FED answers to no
one, as the United States Congress has failed to audit their records
since the system was introduced.
The media is controlled. Many elected officials are bought and paid
for. It seems they have covered all of their bases, as well as their
collective asses.
The general public is unaware of the predator that continually robs
America of value, while their money drifts into overseas accounts.
Finally, there is another predator entwined in this fine mess. If you
trace the roots of a hedge, you may discover it to be the offspring
of the main beast.
Not everyone in the United States government is corrupt. Some have
fought and taken measures to reform and abolish this vacuum.
One step at a time, the burden shall be lifted.
Awareness is essential. The voice of reform has grown in volume. It
can no longer be tuned out and avoided. Advocates, through the fruits
of their labor, have established the building blocks necessary to
achieve success.
In closing, I would like to thank all of the members and staff for
allowing me to voice my thoughts in this area. It has been a pleasure
to be a member of this unique group. I am certain everyone will not
understand my view with clarity. Some would rather debate the topic
of my identity, to which they are in error. As I am unaware of the
identity inferred, I am uncertain if I should be offended or
appreciative of the comment.
For those who are consumed with negativity, wrapped in their
narcissistic whims and woes, unable to concede that this is much
bigger than them and their dilemma, I advise anger management and
support group therapy.
Why do you waste a majority of your time crying and complaining day
after day? What have you accomplished with your negative daily
rituals and rants?
Redundancy has a limit. After a record is played so many times, it
tends to become worn out, thus no one wants to listen to it.
Again, let me reiterate the importance of reviewing all filings
associated with the company and their associates. Every legal
document is important.
Don't allow yourselves to be victims of unsubstantiated rumors when
you have the ability to decipher official information personally.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKI&read=196584
What is "starting"?? What "news"??
Too much RB not good, Jimmy!!
It's actually quite rare for them to get off grey after a suspension.
SSTY is still grey.
they have had issues with the accountants they had. they also are changing the name of the company...
Major red flag, along with the r/s.
Remember, it's probably the accountants who had "issues" with the company.
when a company does a reverse split is that a sign of reorganization?
Depends on what kind of company we're talking about. Sometimes it can work, if the company is "real" and is doing the split for a legitimate reason, such as reducing the o/s so they can list on an exchange. But it isn't a sign of "reorganization". With penny stocks, it's often done so they can get the o/s down to a manageable level and then start dumping stock into the market again.
Is it good for a company to do this?
Technically, it's neither good nor bad for the company. It won't affect their business, assuming they have one.
Is this the kiss of death for the company?
It's often the kiss of death for shareholders, especially if the company has a history of doing reverse splits.
Just get the bank agreements and turn on the computers.
Somehow I don't think getting the bank agreements is that simple. Unless, of course, they plan to use the fictitious bank that supposedly has an office at the address listed for PayChest in Oregon.
LOL!! Very interesting.
Did Kirby the "computer whiz" put those stupid graphics on the homepage?
lol, there was a very funny story that involved HITT. When management had just begun pumping the stock, they leased an office. But they didn't have any furniture or any employees. One day a broker friend of one of the SI posters happened to be visiting the company that had its office next to HITT's.
When the guy got there, everyone was laughing. Dorian Reed, the HITT CEO, got a call that morning from a couple of investors who wanted to see the office. So he went to the other company and borrowed some desks and chairs and things, along with a couple of employees. The "employees" pretended to be very busy. The visitors were impressed.
And by the way....Dorian Reed was a convicted felon. And a career con artist. I don't think he did an honest day's work in his life.
I don't do it for a living. Posting on many boards is easy. I even manage to do some real work.
Oh yeah, and I'm only one person.
btw, her name is "Michella".
LOLOLISSIMO!! Did you say "BELIZE"???
Why are you posting stuff that's been discussed for the last four days?
lol, a company that "performs" provides reliable data and on the basis of that, the stock price goes......up.
Tens of thousands. Literally. You're admirably philosophical, but many are not.
Instead, the funds are saying that the brokerage firms are creating a false short position by borrowing some of the stock and engaging in a naked short for the rest. The real damages come apparently when the short sale needs to be unwound, meaning that the target stock has dropped in value and the fund needs to pay back the borrowed shares that don’t exist or can’t be found quickly.
I doubt that's happening now, but I'll bet it did in the past. That said, I'd guess that in most cases a borrow was eventually found.
Milberg Weiss is pretty sleazy. I should think respectable hedge funds would steer clear.
No. In your email, go to "options". You'll see a category for "headers". Click on "full" or "advanced". You'll get a whole lotta information. What you're looking for is "originating IP". But post the whole thing.
Yep.
And what's wrong with criticizing a company that's underperforming very very badly?
They are going to IPO CIM? Where did you hear this?
lol, in Paltalk. Where else?
this month is curtains for you if you are wrong....
Wasn't 10 April supposed to be a Critical Date? If so, it's come and gone, but then there are soooo many.
I gotta say: I'm STUNNED by the number of RB CMKXers who've followed Acca over here.
Evidently you still don't recognize a joke when you see it.
What's deeply ironic is that all of you should have come here long ago. You might have learned something before it was too late.
"Whimper out"???? Do you mean "wimp out"?
Everyone knows who Acca is.
If your such a tough guy why don't you reveal your true identity instead of running from one public internet access to another ?
Roger Stelma.
Hope it is evening est.
WHAT?? Why should it be "evening" on the East Coast at 2:23 in the afternoon? In any case, Acca's on Central time.
I like to think of Pearl Asian Mining Industries, in a similar light to that of a 1986 Microsoft Company. Why?
Because you're insane?
I Would Have A Field Day With Anyone Of You If You Actually Had The Balls To Speak With Me One On One..
And just what do you think we're trying to do here? Unfortunately you don't provide any fodder for discussion. There isn't much to say about unsubstantiated bullshit.
Again, Investorman You Are Either Uneducated Or Live Under A Rock, I Would Have To Go With The Education Aspect.
And you? Do you even have a high school diploma? Your lack of writing skills suggests that you don't.