Eagle Worldwide Inc.(fka ELWD)

[PennyHoper]

You say "If Jack happens to be one of the three who are
selling" - which could be generalized to 'If Mike and Pedro
and Jack" are all selling.

Do you have personal (and objectively verifiable) knowledge
that they are the ones selling? Or is that just a guess?

Since other postings indicate that there is no large
outstanding short-sale position, it's hard to deny that
*somebody* is (or somebodies are) selling - but could the
sellers not be other holders who have simply lost
confidence in the market, or (alternatively, but maybe
less likely) can afford to sell at a loss and are doing so
for spite (or because they gain in some other way by
driving down the price)?

I agree that assorted failed promises seem apparent - but
starting a scam with a 'bogus website' that was broken,
and THEN going off and fixing it doesn't seem like the
strategy of a good scam (maybe a bad scam - which may
be your point?). To me, it looks more like poor
management - and poor management, while still harmful,
isn't legally actionable. From what I've learned
(in a Business Organization class, about biz-org law),
there is an AMAZING (almost shocking) amount of latitude
in the law for bad management.