Some folks may be wondering where I've disappeared to, as I have not posted publicly here since late last week.
Well, some issues have weighed on my mind lately. When the SEC complaint against the founder of IHUB, Matt Brown, was made public, I was surprised. I was also interested in knowing more about the allegations.
The more I dug, the more I found that made me believe the case the SEC has made is strong, and the roots of the allegations run deep not only in IHUB but also SI.
The clincher for me was the public backing of Matt by the ADVFN CEO, Clem. He has not only suggested the SEC complaint is a "personal matter," he has also allowed Matt to continue in his role as overlord of IHUB, while under indictment, without being suspended by ADVFN.
If these SEC allegations prove to be true, ADVFN will have allowed a perpetrator of securities fraud to operate a site that was used to facilitate such fruad after the person was cited for such actions.
This was too much for me. I cannot in good conscience be a willing party to a site that condones such actions. I have made a decision to refrain from posting on IHUB until such point as ADVFN is divested of the IHUB and SI properties or the perpetrators named in the SEC complaint are cleared of any and all allegations.
Until that time, I will not be posting publicly on Investors Hub or Silicon Investor.