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Re: glaszman post# 75776

Saturday, 05/05/2007 9:41:13 AM

Saturday, May 05, 2007 9:41:13 AM

Post# of 159752
this list is going after anybody they can identify that had anything to do with the paper trail IMO...


Perhaps in YOUR mind that's the intent, but the 10K says the lawsuit was against "purported shareholders alleging that they hold improperly issued stock certificates." It doesn't mention some were sued for another purpose. If his intent was the same as what you believe, ask yourself: Why did they quickly drop 2-5 for ALL defendants not just some? Why didn't he sue the other clearing houses, broker-dealers, etc? He could have used the same shotgun approach as was done w/ investors. Ever consider if he has problems understanding NOBOs don't hold certs, he's probably clueless about clearing houses too.

Megas may be able to bamboozle some of the retail investors, but he's way out of his league going after those w/ deeper pockets.



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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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