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Thursday, 07/16/2020 10:14:13 AM

Thursday, July 16, 2020 10:14:13 AM

Post# of 854
Metalman:

If you look back, some of the comments made are rather disturbed.

If someone makes comments that violate the Terms of Service make certain you report the violation. (Bottom right hand of the page.)

I suspect--but do not know--that someone is a day trader and periodically loads up on shares. The derogatory remarks are perhaps designed to drive the price down. That someone should be aware that once they are aware of it, a Company can take legal action against anonymous posters that post derogatory information regarding the company.

https://www.sgrlaw.com/ttl-articles/920/

"Cybersmear is often posted by persons to manipulate a company’s stock price or to hurt a company against which they have a grievance. Disgruntled employees, ex-employees and short sellers attempting to influence stock prices are frequently the culprits. One common scheme is the “pump and dump,” where a person buys blocks of stock of a company, “pumps” it by enthusiastic and anonymous postings on the Internet, and then “dumps” it at a profit after the price has soared. Similarly, a person can dump a block of stock in a short sale, spread rumors to drive the price of the stock down and settle the short sale after the price drops."

The number of corporations resigned to sue to defend their reputation and squelch cybersmear has increased in the past few years. Indeed, in growing numbers, companies have responded to anonymous cybersmear by filing lawsuits against “John Doe” defendants and then serving subpoenas on Internet Service Providers (ISPs) in order to identify the perpetrators of the cybersmear and hold them accountable. Likewise, the number of companies prepared to involve the Securities and Exchange Commission (SEC) also has increased."

*** Note: I am not a lawyer, I do not work for Silver Elephant Mining or Investorhub. Everyone should do their own due diligence in choosing to invest in a stock and not rely on my comments on relying on this information.

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