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Re: Bklynboy56 post# 12874

Tuesday, 02/22/2011 3:35:06 PM

Tuesday, February 22, 2011 3:35:06 PM

Post# of 13553
Yes, I agree with you, you would think that the courts should of had enough time by now to move in the right direction, and serve these people re cancelling those shares. Unless some of them could not be found, in which case, it would be a default ruling (in Delaware law, its after two attempts. And there should have been enough time to try to serve them twice by now.)

I think we may have seen the bottom, which may be an indication that "the bad guys" are all out of their positions/shares. If this is the case, FINALLY, and HURRAY. But whatever the case, lets get on with it.

In similar court cases in the past, other management have used the bottomed out share price to indicate to the courts, the magnitude of damage that was caused by the shares in question entering the market place.

It may also be favorable to show the accussed dumped their/his entire position, at which point the price finally started to return back upward. This proves total disregard for other shareholders, and that it was the accused's disregard/greed that caused the sp to drop. It can also be another strike against the accused. Add a little money laundering to that mix, and a ruling in favour of MEVT shareholders might be easy to obtain : )

(give them enough rope, and these scumbags will hang themselves every time)

I have also heard about similar scenarios where ZERO news was put out "until" the bottom share price was realized, and until management was confident "all" of those shares had left the hands of the accused.

I'm not 100% sure if that was/is the strategy here and now, but lets hope it is. If it is, its time to get back to business and start finding out news about the core business, if there is/was any, which i do believe there has been.

I still don't know if its a good time for others to buy this, unless my speculation is correct.
This is just my speculation.

There are some good people here, who don't deserve to lose a single penny. I really hope justice prevails here.

GLTA

All lasting business is built on friendship.
Alfred A. Montapert

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