InvestorsHub Logo
Followers 7
Posts 383
Boards Moderated 0
Alias Born 01/01/2008

Re: stranger_00 post# 80045

Tuesday, 09/16/2008 2:06:58 AM

Tuesday, September 16, 2008 2:06:58 AM

Post# of 87366
We have been discussing it all night, lots of different possibilities, most not too nice for us. Unfortunitily, all we can do now is wait for some official word from the company, the courts, or the Feds. We can't sell, so it is just going to be a loooonnnggg next few days, or weeks. There is a good chance that the case would be won if it ever went to trial. If you ever sat on a pettit jury you would have seen some of the cases an earlier posted talked about. A good defense attorney can undo a lot of conjecture presented by the prosecutor. And I'm sure they had contracts covering what they were obligated to provide(software developed package), and what they hoped to provide for the customer(funding). Therein will lie the difference. Trouble is, it takes time to get through the court system.
Don't know about RELM, up until today I was kicking myself for not getting any of it when it was cheap, kinda glad I didn't find that extra money now. Probably the whole group will either survive together, or sink together, IMO.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.