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Re: juliefema post# 215319

Tuesday, 06/01/2010 2:24:03 PM

Tuesday, June 01, 2010 2:24:03 PM

Post# of 326354
Julie, you are correct. Just because he's a shareholder doesn't entitle him (luckyrabbit) to anything. Being a shareholder means acting on public knowledge, and the case is not public until the parties or the judge makes it public - which any intelligent attorney would not reveal until the case is closed or if they are required by the judge. Didn't the legal battle with Scanbuy affect all of us????, yet no one ever disclosed any information about it because it's between the parites in the suit...not the shareholders. If it was filed on behalf of the shareholders it would be a class-action...where luckyrabbit may be entitled to info only if the judge approves a class-action suit.

Any attorney's out there, please correct me if I'm wrong. My resources for this argument are law students (and their knowledge of the law far exceeds that of luckyrabbit).