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Re: Basin Street Blues post# 191189

Tuesday, 09/25/2018 12:02:44 PM

Tuesday, September 25, 2018 12:02:44 PM

Post# of 689593
BSB: Some thoughts . . .

Suing company officers is almost certainly going to result in nothing. First, if there is impropriety, it will become a class-action as all investors are equally affected. Second, the government would likely press charges if this turned into a scam. Third, there would not be any assets to go after at that point.

IMO, there is never going to be a civil suit by NWBO against the people shorting their stock. They do not have the resources or access to information necessary to making a case. Again, this is something the government will deal with if it is egregious enough and there is sufficient evidence to build a case.

The foregoing is not legal advice and I do not represent anyone on this board.
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