InvestorsHub Logo
icon url

Dickmo

06/08/08 9:29 PM

#81623 RE: headcounselor #81622

It is quite true that BA could possibly be held liable in civil court if one could prove that they knew or should have known that someting was clearly wrong but failed to take action.

However, that is a far cry from a criminal act of issuing press releases, videos, financial statements, etc. positively stating that that CKYS has a contract and that it is now 50% complete and paid for. It is inconceivable how any PR firm could convince a micro-managing CEO to fail to do the myriad of things as normal CEO has to do to run a small business.

This trial, if it goes to the jury, should be a slam dunk. Either Plant's strategy is world class incompetence and stupidity, or he has no defence. Heaton was a fool who trusted Plant even after I tipped him off to something that he should have looking into. But his blind loyalty got in the way and now he'll pay the price.

By the time the civil trials roll around, and remember, Plant doesn't get a court appointed lawyer for that one, this shell will be worthless for use with another company. It already has one $80K settlement against it. How many more will be filed after the criminal trial is settled?

BTW, Knowles, have you asked Heaton what I mentioned last week? Do you need his phone number? Plant knows it. They were friends. Wanna guess how Heaton feels about Plant know?