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Littlefoot

11/13/09 1:07 AM

#180054 RE: Tapco1 #180052

I knew little about pinksheets stocks before I invested in EESO. But I performed countless hours of research on EESO and it appeared legitimate. I had absolute faith in the SEC as what I knew was they were the regulating entity over securities. What I didn't know is that a company/executive could deliberately and maliciously mislead investors and get a slap on the wrist. "Trading suspended for 10 days"....naughty naughty, now you can resume trading. What is taking place in pinksheets is theft. Had I walked into a bank, claimed to be someone else, withdrew money from their account and left, I would be behind bars.

In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and is also a civil law violation.

Some of you may have walked away unscathed and ahead....this time.

Its time for the return of accountability.
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ken754

11/13/09 5:20 AM

#180055 RE: Tapco1 #180052

If I may, I believe you are mixing apples and oranges or perhaps I missunderstood this part of your response "in the end the individual investor has to learn to live with the decisions they make right or wrong." I agree that it is the investors responsablity to own up to their decisions to buy or not the company they choose but to make the investor responsable for falling into a lie infested, CEO manipulated intentional attempt to defraud investors who couldn't even if they wanted to verify or dismiss information as factual or non factual is in my opinion beyond investor control.

Its one thing to say I believe in worm tasing gum and I'll buy 20 million shares and hope others see it my way and make a mint off of the deal or have some CEO manipulate me with intentional lies and fake pr's so they can cheat people out of their hard earned money.

In the end "no regulations" and only minor SEC involvment leads to these very things happening over and over. Each time I see on the boards where the people involved just can't understand how this happened to them. It happened to me here as well and I also can't seem to get the deer in the headlights look out of my expression. No DD in the world can protect you from malicious CEO's other than not taking any chances at all. At least thats how I see it.

No bash on you, just putting my 2 cents on the subject.