Greedy:
j. On or about December 7, 2006, defendant BROWN communicated via instant message with P.D. regarding P.D.'s posting of messages concerning GI-3's stock on IHUB internet message boards.
He could have been asking why he posted X, Y or Z. He could have said "Don't post that on IHub." He could have said he deleted those posts. He could have said anything. This doesn't prove (or even stand as evidence) that Matt used IHub to further his illicit gains!
m. On or about December 7, 2006, P.D. communicated via instant message with N.M. asking N.M. to post on internet message boards that there was a "short" in GH3 stock.
1) Where is Matt's name in this?
2) What internet message boards?
3) Proves nothing about Matt using IHub for illicit gains!
n. On or about December 7, 2006, defendant BROWN communicated via instant message with P.D. wherein P.D. told defendant BROWN to have GH3 issue another press release indicating that GH3 had ordered a non-objecting beneficial owners ("NOBO") list from its transfer agent to address unexplained short positions in GH3 stock and suggesting language for that press release.
Where is any statement of any kind referring to any internet message board? This also proves nothing - in fact doesn't even imply anything about Matt using IHub for illicit gains!
o. On or about December 8, 2006, GH3 issued a press release about ordering a NOBO list, using some of the language suggested by P.D. in the December 7, 2006 instant message.
Where is Matt's name in this? And, again, has nothing to do with internet message boards. Maybe you are confusing "instant message" with "internet message...boards".
Looks to me as if Matt and the others utilized IHUB as a means to give the false belief that there was a significant short positiona nd then worked together to draf a PR that matched the posts that were put on IHUB. That certainly qualifies as using IHUB to manipulate the stock price.
That is the most bizarre conclusion I have ever seen based upon the existing evidence!
Len
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