Replies to post #70385 on World Surveillance Group Inc (fka WSGI)

[siriuslyricher]

Nerd, I'm not surprised. Motions to dismiss are rarely granted if there's even the hint that something might exist, but proving it is something else again, as I think you have indicated today in some of your posts. There's no there "there" if Huff and GTEM did not benefit and if Huff entered into the contract for the benefit of GTEM and its shareholders. I believe plaintiffs have a huge hurdle proving Huff was reckless or that he benefited from this fiasco. I also believe plaintiffs' attorney will not pay for the Russians depositions, even if they could get the Russians to cooperate, nor do I believe that any American jury will believe the Russians over Tim Huff.

[hotzone_amundo]

You all better consider the definition of fraud.

noun 1. deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage.

How exactly was it Globetel and its board profited from the Russian fiasco again?