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Re: techno53 post# 21133

Tuesday, 04/29/2014 12:18:15 PM

Tuesday, April 29, 2014 12:18:15 PM

Post# of 21288
I did not see a lot of interest in suing from this board.

My legal theory (which I consider somewhat creative and which I will not explain on this board) has two ways it would work:

(1) get a lot of shareholders together so that the aggregated loss makes it worth pursuing to the end, or

(2) do it for a small group with little aggregated losses, so that it makes sense for Matrix to settle by paying those losses.

I am leaning to (2) for the moment, but it is not a high priority. (I only lost about $1,400.)


I am an amateur at this, and it would be unwise to rely on my opinions without your own independent confirmation in consultation with an investment professional.

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