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Re: Francois+Goelo post# 8877

Saturday, 05/19/2001 7:23:34 PM

Saturday, May 19, 2001 7:23:34 PM

Post# of 15369
FG, are you saying RLM disclosed inside info to BillB ?

1) Do you have any evidence to back up your accusation that RLM disclosed such "inside information" and Bill Branum acted upon it ? You said to Bill:

"You virtually admitted violation of Insider Trading Laws . . . after conversations with Rich"

You've met RLM in person and had multiple conversations. Does that make you a de-facto INSIDER ?

2) Don't YOU argue FOR the stock here everyday, after establishing your position ? What is the difference with Bill, when you say -
"Opportunistic trading patterns, where you argue for or against the stock and disclose your change of position after the fact"

Are you saying this is unusual behavior ? Nearly every poster here has, or is considering, a position. Does that pre-empt them from being harmed by inaccurate PR's and SEC filings ?

3) FORM 4 filing -
RLM well knows the effect of an INSIDER buying on Investor confidence - for what other reason would he post he was buying ?

Knowing the profound effect on investor confidence, if RLM had IN FACT bought more, why wouldn't he disclose it by the most efficient means - electronically ? Even BEFORE DISCLOSURE WAS DUE BY SEC ?

4) Bill Branum's post dis-regarding the possibility of an Investor suit -

This post was March 19, well before Bill (and the general public) was informed by SEVU that GROSS INNACURACIES existed in last year's filings. AND, SUCH NEGLIGENCE NOW HOLDS OFFICERS PERSONALLY LIABLE. So, even though SEVU is virtually broke (as per YOU), RLM's personal estate is also now up for grabs. According to you, FG, worth $$MILLIONS.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y