Loch Harris (Old)

[scarednomore]

Open message to Matt

I know your job is to keep these boards civil and open to those who are civil and talk about loch harris. I have a what if post for you to try to explain what is happening now to make sure you understand why such fine calm folks can get worked up.

If you, mind you I said a what if story, owned a stock and had invested some if not most of your lifes savings in that stock and you found out it was a fraud. Then some folks came along and filed a law suit against the company and or the principals of the company.

After a year or so, the parties came together and came up with a settlement. Part of the settlement was that your stock as you know it would go away, the dirty one, and would allow its sub to buy the only asset it had, the technology. The sub would then in time try and register with the SEC and become a public company with scam company dissolved.

Now, there would be a hearing where the judge would approve or disapprove the settlement agreement, say there were around 2000 shareholders and maybe more, with you being one of them.

Then comes ONE shareholder who fights the SA tooth and nail saying he can save loch, get a new BOD and keep things as they are. Keeping in mind of all the shareholders, he is the only one who objects, writes letter after letter to the judge and posts for months he was going to fight it and be in court to fight it.

Now the shareholders were a bit upset to say the least, he would say I know this is all wrong and give us reason after reason why it was a bad deal, it may have been but it was better than no deal at all. Say you had been at the hearing, like I was for loch, and you heard lochs attorneys all but say its over, the boys had wanted out for over two years. Then on top of all that, the person who has been spending months on the boards decides at the last minute because of, gulp, security reasons, not to show up. If he had been successful in overturning the SA, and you had been a shareholder, IMO, it would have cost you as a shareholder everything.

So, as I have tried to make this as short and direct to the point as I could and could have made it 10 times longer, I am asking you to consider the source. Your rules may state he can post and thats fine, but I think it vital you understand that the folks here that are venting now are the same people that were not before he showed up. The person, IMO, who could have cost all 2000 shareholders everything.

Please take that into consideration and try to understand what we have been through. If this gets me thrown in jail, so be it, but there are some good calm folks here that just look at this person as the next thing to someone trying to, well, lets say, cost them everything. The question would then be, how would you react to such a person, maybe different from some here, I dont know.