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Saturday, March 12, 2011 8:00:05 AM
-It is clear that there must be knowledge that the information was incorrect, and that there was an intent to de-fraud.
My only point is that the inane filings and actions of BTDG are such that there is a possibility BTDG did not realize the information posted was incorrect, and that it is very hard to know definitively what BTDG's intent was. Therefore an objective person would not be able to state that definitely there was fraud involved, and a fair person would be extremely hesitant to accuse someone of such actions, absent compelling evidence that all the elements of fraud met.
-Therefore with all due respect it is not "nonsense" that perhaps it is incompetence or mental instability that caused BTDG to file such releases. I quite agree though that you may be entirely correct in your opinion as there is a lot of things about BTDG that could one lead one to believe as you do.
The last point is the question has anyone seriously believed what the CEO and BTDG state in their disclosures and bought shares because of it ? I have no way of knowing but find it hard to believe that anyone considering BTDG considers it anything other than sheer gambling.
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