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righty

03/12/07 10:41 AM

#33758 RE: Doc Holliday #33757

link? or which company? tia
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kermit42

03/12/07 10:58 AM

#33759 RE: Doc Holliday #33757

More slight of hand. They really don't want people looking into their actions, do they? How exactly is one to examine their claims when they have their own secret defiinitions for common words?
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imiloa

03/12/07 12:24 PM

#33763 RE: Doc Holliday #33757

Doc, take a brief skim of the last few days posts (many, I know...).

Kermit's point is that it seems possible the SEC suspension was a PR stunt designed to make the public feel the SEC is cracking down on corruption, while actually sweeping some of their own corruption under the carpet.

Specific bits to search for in the recent msgs:

-- Link to spam stats for the 35 companies. EQBM tallying 8 total, the last of which dated over a year ago.

-- Some of the more promising companies on the list have huge (alleged) NSS positions against them.

-- The DTCC has yet to deliver our Soma dividends, despite the TA confirming in Jan 2007 that he had sent the certs to DTCC. Why the delay? Either the TA flat out lied (of course possible), or maybe the NOBO PR was correct, there is a large NSS position, and there are simply not enough divi shares to distribute to the brokerages.

While I'm quite aware of the sweet taste of Kool-Aid, if you put all the pieces together, one tangible scenario remains:

1) Larry was overly optimistic in timelines, but is working towards the Dalian contract signing. Two bits of evidence suggest this:
-- a) If pump/dump, Larry could have PR'd in January when anticipation was primed and diluted for millions in cash profit.
-- b) With his personal holdings of EQBM/Soma Larry stands to make orders of magnitude more money by signing the deals on the table than just selling stock.

2) The NOBO report was valid, there is an NSS position, and the NSS have friends in high places, eg: DTCC & SEC. By suspending the stock (amid the blanket action of "spamalot"), the SEC gives the NSS trapped in EQBM and other pinks, and the DTCC who let the NSS happen, an easy way out. ie: Hope to induce panic, and manip the gray market trading whether panic or not.

Remember that if they can manip EQBM out of business, folding the stock, then they never have to close their short positions, so don't even have to pay taxes.

For clarity, I'm not asserting the above as the only possibility. I have posted often and recently that EQBM could still be a scam. The above just seems very plausible to me in this modern world of corruption. Before you shoot back "conspiracy theory," consider the recent conviction of Scooter Libby, Halliburton no-bid contracts in Iraq, Iraq WMD "intelligence," Iran Contra scandal, Watergate, etc... Quoting Cromwell, power corrupts and absolute power corrupts absolutely.

In this context, money buys influence, and absurd money buys absurd influence. Just the dark side of human nature at work.