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Re: maddog7 post# 2871

Saturday, 10/29/2011 12:14:55 PM

Saturday, October 29, 2011 12:14:55 PM

Post# of 3010
Been playing catch up reading here today. Have not followed this one for several months, but it does not look good from reading the last 30 posts. Are their any new lessons you all learned here the last 3 months that I might have missed by not reading all xxx gazzilon posts?

Regarding the post I am replying to, note that in the US, it takes a unanimous jury vote to win a criminal trial (which is very hard to get), and criminal jury's do not award $$ damages to investors as far as I know. It is very hard to send a corporation to jail, or to execute one, LOL!

Secondly, it is almost impossible to prove "Intent"

As far as the SEC, Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001)




Especially when the pumps all use the CYA future looking statement escape wording.

That is why ambulance chasers always sue in civil court, where it just takes a majority of the jury vote to win!

I have never understood why people are in such a rush to add to their losses by paying out more cash to an attorney to sue a company they own a share of. Only the lead client, "IF they win" gets any real settlement, the rest always get chump change.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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