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Re: Bob Zumbrunnen post# 79

Tuesday, 05/26/2009 1:02:04 PM

Tuesday, May 26, 2009 1:02:04 PM

Post# of 330
well, interesting info Bob

since the Matt accusations came to light there have been 2 trading days - no great volume in the UK, price has held, although a pull-back might well be expected at these levels considering the recent rise

I am beginning to think the whole Matt thing might just turn out to be a storm in teacup. Reading through the accusations, bail conditions etc. it looks like he was not the main driver in the scam and may not profited much from it anyway. Of course nothing proven yet anyway.

Also - these incidents took place before ADVFN bought iHub I believe. From what I have seen of Matt since then, I would have thought he would have been working too hard pushing the tech stuff forward to have done too much scamming.

Looking at the positive, judging by other threads at least people in the US know who owns iHub and perhaps when the smoke clears they might start buying a bit of the company they use wink "Severe reputational risk" vs. "all advertising is good advertising". wink Time will tell.
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