Digital Gas, Inc.(fka DIGGQ)

[Buckey]

wortHy of a REPOST FROM rb

http://ragingbull.quote.com/mboard/boards.cgi?board=DIGG&read=11019

By: william_o_jones
11 Nov 2007, 12:14 AM EST
Msg. 11019 of 11022
(This msg. is a reply to 11017 by Buckey_John.)
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"seems like a lot of people on here a lot closer to DIGG that the average person"....WOW you are quick....bj,caulderhead,kirk... what are your thoughts on the FOLLOWING...

What if Smith, knowing that numerous complaints were made to the Prosecutor and the Bureau of Securities that the company was a scam were made in August, September and October of 2005, went ahead and...
took 2.5 million shares of DIGG restricted stock to a federal bank in November of 2005 seeking a loan....filled out and filed loan documents that did not mention the complaints, that the company was deemed a scam et cetera..... received several major loans from the federal bank based on DIGG restricted shares as collateral....and walked from the loans without paying interest or principal; and in November 2006 the bank sued and received an $850,000 judgment against him?????

In summary, Smith knew of the complaints, knew that certain people accused the company of being a scam to local and state regulators, yet went ahead and filled out loan documents at the federal bank, and, possibly, knew the bank official, who possibly pushed through the loan on some assurance by Smith.

What would you think of Smith if he did that?

What should happen to Smith if he did that?

My impression was that Smith was dead wrong for seeking, getting the loan and then stiffing the federal bank after knowing that a rash of complaints were made against him and the company two months before the Prosecutor and the Bureau of Securities.

DON’T TELL ME THAT I AM SOFT ON THE COMPANY.

I AM AGAINST ALL POSTERS WITH DIRTY HANDS.

I AM P O THAT THE COMPANY NEVER BECAME COMMERCIAL.


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