STOCK ALERT

[Spectre]

Depends on how the case works out.

"Typically, indemnification is not available to those who intentionally cause injury."

So, if it can be proved that they were diluting for personal gains, while intentially causing injury to the company stock with no regard to shareholders, it would not be that difficult I would assume.

Now, I have seen when stock promoters were forced by a judge to buy back stock on the open market. Stockster had to do that for MUME last fall "Though it was a PK stock and diluting the hell out of it, so it made no difference."

Now, IMHO, I don't see how the new management would be responsible for the old management selling there Restricted and now Cancelled shares.

Still waiting on a couple pieces to that puzzle though!

-Spec