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SammyTheBull

09/30/09 10:52 AM

#85336 RE: huppo #85335

Well said. Everyone seems to think that because it's the same people involved, then it's okay to put assets wherever they feel like. Enron did just that.

The lawsuit is against Bebida Beverage Company. Simply transferring shares over to a different company doesn't relieve the contractual obligation to repay the debt. Weber can claim ignorance all he wants but it's getting absurd. Did he not look at any financial statements? Stockholders equity?

What type of person would buy a company and not scrutinze the financials especially the liabilities and stock equity? For a shell with no business and no real assets, what else was there to examine but financials.


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Risk vs Reward

09/30/09 10:52 AM

#85337 RE: huppo #85335

This whole market, it's time for firing squads, not jail cells and idictments.

Bernie Madoff should have been had a bandana amd a cig hanging out of his mouth......ready.....aim.....fire
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Spuds McKenz66

09/30/09 10:57 AM

#85339 RE: huppo #85335

so if DLR and BBDA merge then what? BUY? hold?
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stockrush0

09/30/09 10:58 AM

#85340 RE: huppo #85335

What i am asking myself, why is there no comment from BW regarding the lawsuit ? No PR, no newsletter ? Is he in prison already ? Did somebody break his fingers so he is not able to write anymore?