InvestorsHub Logo
Followers 10
Posts 4220
Boards Moderated 0
Alias Born 07/10/2003

Re: mknuds post# 90822

Monday, 01/17/2011 2:41:40 PM

Monday, January 17, 2011 2:41:40 PM

Post# of 118239
There is no evidence or announcement in the SEC complaint or any other document that indicates that Newton wanted to put any restrictions on the shares he sold to Gendarme.

If someone and I, have a written agreement to hold onto some merchandise for a specfic time and then sell it, but I, being the trusting soul that I am, leave it in "someones" hands to take care of it.

"Someone" decides to unload it before the date agreed on and, has another "someone", draft and sign a letter from me, which I have no knowledge of, stating that I agree to sell before the agreed date.

How is it that in your opinion, "someone" #2, did not forge this letter?



Your assumption that Gendarme made any effort to circumvent an 'agreement' with Newton is unfounded.

Newton clearly understood what was going on the entire time the transactions were ongoing. He sold them shares several times over a four month interval. They were selling the shares into the market the entire time. He knew, and by continuing to sell them shares, provided a tacit approval at least.

To suggest that they were violating any trust they had with Newton is an extraordinary claim that would require extraordinary proof. Not just an assumed fantasy.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.