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Re: Diver_Linda post# 20375

Wednesday, 11/19/2008 9:15:49 AM

Wednesday, November 19, 2008 9:15:49 AM

Post# of 41960
It's both RM. I called him on several misstatements of fact as did many others. But these statements would be considered inconsequential if they were to come from an aggrieved stockholder. Many here have posted far more outrageous statements (like Wilf is the antichrist) and are not being sued. Ed’s statements and their truthfulness are of consequence here because he did sign a nondisclosure agreement (NDA) and a noncompete agreement as an employee of Deep Blue. In addition, Ed signed some sort of agreement to stop making public statements about the company in exchange for stockholder money that was used to buy back Ed's shares. I deal with NDA’s all the time and I can tell you they are not to be taken lightly. Failure to comply has significant consequences. A company would forfeit its contractual rights if it did not petition the courts for enforcement.
That said, it should also be noted that even Wilf has said that he does not believe that Ed had anything to do with the stock price.