Replies to post #128482 on JB and ZJMY Holding Co (JBZY)

[nsomniyak]

Here's an off the wall thought about shareholder letters and DOLV.

Perhaps they don't want to put out a shareholder letter until they are sure it won't go to the holders of the 54MM shares that are the subject of the lawsuit. I can see a defendant's lawyer holding up such a letter (if their client was to receive one) in court saying "of course my clients are legitimate shareholders - the company sent them a shareholders letter!". At minimum this would call the quality and credibility of DOLV's shareholder records into question and at worst could lose the case for DOLV.

I understand the issue is not that these people are not shareholders, but that they acquired the shares fraudulently (payment for services not rendered). However, a good lawyer could easily cloud the issue if their clients were to be treated equally with other shareholders on various other things.

At minimum, it might not be easily possible to cut out those 54MM shares from a largely automated mailing.