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realfast95

03/23/11 4:15 PM

#141 RE: Timo33 #140

They are doing it right. The independent audit committee is investigating to verify what the CEO wrote.

Huggy Bear

03/23/11 4:39 PM

#142 RE: Timo33 #140

While I think there is a legitimate place for short sellers in the market, those who publish hit pieces that alledge fraud and such based upon fabricated conclusions without doing proper DD about the company should be held with their heels to the fire.

I've had 16 hours of prelaw classes so I'm not expert by any means but I see a tort occuring a cause de the short sellers hit piece and I'd really love to see a lawsuit filed by CBEH against this anonymous author if grounds exist.

Anyone know for sure if a company can sue an author who used false information to blatantly profit in a short sell position? If all allegations turn out to be false, which I have always assumed is the case here, then that seems to be a necessary course of action and especially necessary to snuff out these types of very irresponsible and unscrupulous actions IMO.

malc.