Replies to post #13110 on Electronic Game Card, Inc (fka EGMIQ)

[Bugsy Trader]

I agree we just don't have enough information to call this a fraud. Just like we didn’t have enough info to conclude the buy out.

[grampie]

Why do they have to raise money for lawyers and accountants if they have cash? Nuff said.

[gracie0717]

I'm thinking the companies that got dupped by Maddof also did their dd and still caught it up the ars. You can be cautious but if the scammer is good they are more cautious.

[game7alcs]

The reason I believe there is nothing there is because they never put any of the money in that was necessary to get their deals rolling AND they NEVER used the share buyback program the BOD approved. The only chance this company had was for Lord S. to keep pumping money in and get some sales going in the betting shops.

The wheels definitely came off when Lord Steinberg passed.