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Spunkyknight

09/18/08 9:33 AM

#18269 RE: John 19-35 #18268

"You doom and gloomer’s may be right, but then again "He who has the money has the power"

---This is OUR money we are talking about, John.

"You all have to understand one very important thing and that is that the pressure is on Lanza to get this done, Mr. Smith has already made a commitment here and he is under no pressure at all."

---Incorrect, John. The pressure is on US as share holders to get this done. Smith is a lame duck. And if he thinks he is under no pressure or obligation to inform share holders about what he is or is not doing that will affect OUR bottom line- then you and he are SERIOUSLY mistaken at your own peril.

"Mr. Smith has the money and he can do anything he wants and when he wants."

---We don't know that. I have not seen any financial statements that have led me to believe that this guy is for real in any way shape or form.

"I'm asking myself, as Mr. Smith, why would I want to put out a PR saying I'm working hard to work things out with this crook, or anything like that? Why would you want to give the crook any hope he has any power over you? "

---So it's better to hear what is going on from Lanza when people call the office or see a Lanza PR????????

"Mr. Smith just may be showing Lanza who is in control and we already know Lanza is not."

---I think Smith has done a great job of showing that Lanza is in control. And we are not. Technically, speaking, I don't think Lanza is in any more control than us nor will it end well for him. But the perception of Lanza still being dug in is enough to wilt the stock to an all time low. And Smith not talking is not helping anyone.

And if this is all a game of chicken at this point, then we are FU%&KED! There are agencies moving in, John. I believe our best bet is to negotiate with them once they freeze this company and its assets.
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kenco

09/18/08 9:36 AM

#18270 RE: John 19-35 #18268

Shares have dropped almost 75% since Smith "took over" the helm at BDGR, what a wonderful job hes doing.
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LGL8054

09/18/08 9:53 AM

#18271 RE: John 19-35 #18268


Posted by: billiondollarman Date: Thursday, September 18, 2008 1:54:16 AM
In reply to: lightbeam who wrote msg# 491 Post # of 494

IF YOU HAVE HEDGE FUNDS RUNN FOR THE HILLS HAHAH


http://www.cnbc.com/id/26763835/site/14081545/



“In order to ensure that hidden manipulation, illegal naked short selling, or illegitimate trading tactics do not drive market behavior and undermine confidence, the SEC today took several actions to address short selling abuses,” Chairman Cox continued. “In addition to these initiatives, which will take effect at 12:01 a.m. ET on Thursday, I am asking the Commission to consider on an emergency basis a new disclosure rule that will require hedge funds and other large investors to disclose their short positions. Prepared by the staffs of the Division of Investment Management and the Division of Corporation Finance, the new rule will be designed to ensure transparency in short selling. Managers with more than $100 million invested in securities would be required to promptly begin public reporting of their daily short positions. The managers currently report their long positions to the SEC.”


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Chairman Cox continued, “Director Thomsen and the Division of Enforcement will also expand their ongoing investigations by undertaking a series of additional enforcement measures against market manipulation. The Enforcement Division will obtain disclosure from significant hedge funds and other institutional traders of their past trading positions in specific securities. Those institutions will also be required immediately to secure all of their communication records in anticipation of subpoenas for these records.”

SEC Director of Enforcement Linda Chatman Thomsen said, “The Enforcement Division has been investigating and will continue to investigate any suggestion of manipulative trading. We are committed to using every weapon in our arsenal to combat market manipulation that threatens investors and capital markets.”

The Commission is actively considering additional actions as appropriate
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