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Lentinman,I think you're operating under an assumption that

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MikeLeaff   Thursday, 06/04/09 06:22:50 PM
Re: lentinman post# 8087
Post # of 16741 

I think you're operating under an assumption that I don't share. You're assuming that if it's shown that Matt Brown used this website in any fashion to facilitate the pump-and-dump, then Investorshub.com itself will be in deep doo-doo.

I don't share that assumption. I don't think the government is going to do anything to iHub regardless of how Brown used it.

Because of your deep love for this website (that wasn't being sarcastic) and your fear for its future, you're therefore prone to ignore or argue against the sections of the indictment which do mention the ways Matt Brown used iHub as one of the tools to line his own pockets with illegal gains.

If you can lose the assumption that Investorshub.com's existence is threatened, you might read the indictment more clearly.

It states the government has copies of instant messages where MB was plotting with PD about the usage of iHub boards such as "Panetta's room." (You don't think MB was telling PD to keep his dirty mitts off iHub, do you?) The indictment against Matt Brown mentions postings on online message boards. (You don't think it's talking about just Raging Bull and Investor's Village, do you?) Clearly, Matt Brown, as owner and administrator of this place, knowingly allowed EVO and others to further an illegal operation on this website.

You might also note the phrases "conspire and agree" and "aided and abetted" appear in the indictment. All it takes is Matt's acquiescence as reflected in the instant messages to show that.

One area where we would agree. I doubt Matt Brown used multiple aliases himself to post pumping messages on iHub during the episode. New aliases don't have enough credibility to be useful for pumping. That's why EVO, the IRPs, and so many other members try so hard to jack up their member-marks and get on the hot list - for credibility. Any alias Matt would have made wouldn't have had any credibility so he wouldn't have bothered.

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