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Re: Rocketstockpix post# 44898

Wednesday, 03/07/2018 5:17:34 PM

Wednesday, March 07, 2018 5:17:34 PM

Post# of 54032

WHERE DOES SETH FIND THESE PEEPS?


Simple...BIRDS OF A FEATHER....

Funny stuff..."Barry Honig sued me for libel for multiple stories I reported on and then suddenly dropped the suit two days before our motion to dismiss was to be filled with back up documents sourcing the reporting and a copy of a SEC subpoena that names him and others who invested in MGT Capital. Honig had originally demanded I apologize for my reporting and denies he is under SEC investigation. The reporting stands and I never apologize for informing the public on a matter of public interest. I would like to thank my attorneys Chuck Tobin and Christine Walz at Holland and Knight for their excellent legal work that helped protect sources and support accurate truthful reporting and opinion."

Anyone who hangs around here is familiar with BSeth Shaw's cries of "slanderous"...
He and his cronies like to make veiled threats about libel suits too...
according to one source, he allegedly plunked down a hefty retainer
and we were to get a PR naming names...
That was 9 months ago...lol...

Here is a portion of a court case that I shared that got him riled up...

Ha! I could not care less whether ROI wins or loses their battle...
I am FAR more interested in their claims that BSeth was acting illegally

"CONCLUSION
Petitioner's testimony and the entire body of evidence supports Respondent's defenses
that Petitioner (i) is an unregistered broker, (ii) has been an unregistered broker for more than a
decade, (iii) entered into a contract to provide unregistered broker services to Respondent, and
(iv) offered to enter into multiple subsequent unregistered broker agreements with Respondent.
Petitioner is the definitional personification of an unregistered broker and is required to hold a
Series 79 designation with FINRA. Accordingly, the Arbitrator's determination that Petitioner
was simply a finder and not engaged in proscribed broker activities is completely irrational and
exhibits a manifest disregard of law. In addition, the Arbitrator's last-minute consideration of
non-existent law relating to a fictitious time bar to a defense, as well as the notion that an
innocent counterparty is a willing participant to an illegal contract when the petitioner is the
party that both created the illegality and concealed the facts necessary to reveal the illegality, are
completely irrational and exhibit a manifest disregard of law.
WHEREFORE, Respondent prays that (i) the Partial Final Award and Final Award be
vacated in their entirety, and (ii) the Petition be dismissed with prejudice."

Seth was just a "finder"? Isn't that the story?

ROI claims:
"Accordingly, the Arbitrator's determination that Petitioner
was simply a finder and not engaged in proscribed broker activities is completely irrational and
exhibits a manifest disregard of law."
https://www.scribd.com/document/352809967/MOTION-TO-DISMISS-AND-VACATE-ARBITRATION-AWARD

What will the COURT decide?

https://governancecomplianceinsider.com/the-danger-of-paying-finders-fees-to-unregistered-broker-dealers/
"We get asked from time-to-time whether it is advisable for issuers to pay fees to unregistered “finders” for introducing potential investors in the United States to the issuer in connection with securities offerings. The short answer is “no.”

Most finders are engaged by issuers under finder’s, advisory, or other arrangements, which typically require payment of “success fees” upon completion of a financing transaction. While these arrangements are sometimes structured to try to hide or disguise the true intent of the arrangement, payment of transaction-based compensation is treated by U.S. securities regulators as a nearly-conclusive indication that a person is engaged in the securities business and should be registered as a broker-dealer."

More importantly, will the SEC and FINRA agree?

I can not wait to find out!



SADLY...WE NEVER DID GET TO SEE A DICISION FROM THE COURT IN THAT CASE...
ROII apparently dropped the ball.
Rumor has it that BSeth settled with the "new" CEO.
Since the company is way behind on its filings, I have not been able to confirm.





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