World Surveillance Group Inc (fka WSGI)

[nerd86]

risk_it help me here, why would the AMEX submission support any legal position. It was a series of allegations with no detail of what is specifically being alleged or who, what, when, where this took place? My experience in giving depositions and testimony is that I would never be allowed to make similar unsuported statements, even in those cases that I was an expert witness. I have no credentials other than a layman that has experienced the courtroom more than I wanted, but my view of the case is if proof is not offered specifically that fraud occured during the period of the suit the requested Summary Judgement will be honored. If the feeling is that the reporting of the act of signing the agreement was used to pump the price of the stock we would not have fraud, as it did in fact happen, with a party that could be judged to be competent to sign a contract. It would seem to me the plaintif would want to draw this out to see the outcome of the SEC investigation. Without, at least a Wells Notice, they have nothing with this review.