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Re: akron2 post# 990

Sunday, 02/27/2005 2:43:28 PM

Sunday, February 27, 2005 2:43:28 PM

Post# of 4978
Akron-I have never known any material fact published by OS to have been demonstrated to be false, and in many cases the OS complaints appear to presage formal SEC action.

That is undeniable. People can rant and rave all they care to about Miles background, which certainly raises a few flags, but I have corresponded with him on a number of occasions and find him to be sincere in his current crusade to expose scams and to attempt to make a living in the process.

As to the latest HQNT legal defeat, I have no doubt that Our Street's report of the loss and jury award were accurate. Cohn now is faced with paying the judgement--which I don't believe he can do--or putting up a bond in the full amount of the judgement in order to appeal--which I doubt he can do either.

I believe that the "new" company involved in the dividend is an attempt by DC to transfer assets to another company and avoid paying the judgement, just as OS documented he did with the various tax liabilities he transferred to various shells.

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