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Re: cyofish post# 8129

Saturday, 12/09/2006 3:47:49 PM

Saturday, December 09, 2006 3:47:49 PM

Post# of 14027
cyo, there is no way that the issuance of shares to dialer himself, so that he can own oil and gas leases, fits intot he fiduciary responsibility box. Even if he is the majority shareholder himself and can vote himself all the shares he wants, it doesn't fit the majority of shareholders best interest.

And in the end what does it matter anyways. 90% of the people who got scammed by this scheme from the beginning will be either too apathetic, too embarassed or not savvy enough to know how to pursue this in a legal venue. I konw that there are some people who are threatening legal action if this doesn't go through the way that dialer said it will but even of those people threatening only about 50% will actually take one single action, much less follow it for the years that it will take to get any kind of legal action at all, and then if there is found to be any kindof breach, there won't be any form of resitution for years, if at all, and the it will be pannies on the dollar if it's even collectible, and the lawyers will get mose of it.

These people don't seem to get it, that the money's gone even if dialer is proven outright to have lied about the share counts. Gone is gone.