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TAfirehawk

05/21/01 12:00 AM

#8942 RE: BillBranum #8940

Please call me a bashing long.

At least I am supporting the prosperity of something, not the petty claim of losses that you don't fully understand where your losses came from.

I stated no specific interest in filing suit against any person involved in the current civil suit. BUT, I am very concerned about the illegal activities of parties outside SEVU that have contributed to significant shareholder losses.

Many, many truths have been stretched by the shorter/basher coalition and do you honestly think they had nothing to do with the shareholder losses.

I am truely sorry you keep jumping the fence back and forth, but that seems to be clouding your judgement on this one. What does anybody have to gain by filing suit against SEVU? How much money can you expect to recover? It is really quite silly for any of us with remaining shares to be that foolish. The only hope we have of recovering our POTENTIAL money is for SEVU to succeed.

The only hope I am trying to gain by talking about a lawsuit against the shorter/basher coalition is to give them a STOP ORDER and let the market decide SEVU's fate. I do not seek a countersuit of any kind, but a legal suit for the activities of the past 8 months that have clearly violated the law.

My resolve has been waiting here for a long time to be pushed and tested. I will not back down, as I am sure you will not either. But, we truely seek the same thing, THE TRUTH, and the truth we shall have. Every post, every day that goes by just deepens my resolve to let the world know the truth.

JMHO, TAfirehawk

Francois+Goelo

05/21/01 1:06 AM

#8943 RE: BillBranum #8940

Bill, a countersuit is no more Delusional...

than the Class Action Suit you plan to join as Lead Plaintiff... The way you've traded and your various posts will give a lot of ammunition to the Defense and that's fine with me...

I don't have examples handy but I'm sure they exist, just as I believe your suit may be rejected by the Judge if the Lead Plaintiffs do not represent enough shares...

I also believe that a Class Action Suit against the MM's and the Shorters who have sponsored this action would stand to be backed by a majority of SEVU shares... Whether, the second Suit would become a countersuit and the Lead Plaintiffs are included, would depend mainly on the success or lack thereof of the original Suit...

Remember that there was a large pool of shareholders (some 50 or 60), who were interested to join a while back... If a Legal Firm accepts to take the matter on Contingency, I bet that it'll go ahead with plenty of support...

JMHO, F. Goelo + + +


gotinearly

05/21/01 10:06 AM

#8947 RE: BillBranum #8940

Bill, you leave out one very important part...

INTENTION...admitting that a filing is in error is not admitting that you intended to defraud by issuing those PR's and financial statements. VERY DIFFERENT and in my opinion that is what a class action suit will have to prove. EXTREMELY different set of circumstances than what you describe. You have obviusly jumped before looking again.

For example, the 2000 projection was clearly based on 100,000 units of secureview produced. this is clear as a statement was attached to every company provided reference to that projection.

JMHO