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Wednesday, December 08, 2010 12:28:46 PM
When I talked to him he said he wasn't even thinking about pinksheets or the stock. He said production will take care of that.
Which of course is a professional attitude,though an increasing number of companies are suing certain groups for libel because people absolutely violate the standard for libel on these boards- falsely thinking their contract w the adversary will give them immunity..
The standard for libel for this situation is somewhere between simple negligence and reckless disregard for the truth.
These are both much easier to prove than the higher standards of clear and compelling evidence or beyond a reasonable doubt etc used for other situations.
Fortunately CWRN has financial backing and is beyond the stage where they have to issue stock to raise funds. Many companies buyback stock as CWRN will do once they start posting net income.
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