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Grozny

07/21/11 4:12 PM

#99357 RE: TAP1963 #99352

Laidlaw never paid for any promotion. It was all put out by these stock alert websites as part of a front-loading technique.

Again, LLEG did not pay for these.
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DragonBear

07/21/11 4:28 PM

#99362 RE: TAP1963 #99352

Surely the SEC would be able to follow a money trail if Laidlaw paid for the pump?

No need for LLEG to pay for the pump in order to attract SEC attention. I haven't seen anything that would suggest LLEG was involved with Stocktweeters and the like. The pump occurred, and that is what IMO attracted the SEC's attention.

Then it became a matter of investigating how the company operates once on the SEC's radar. Alternatively maybe LLEG was on the radar all along, where the pump set things in motion. I agree it would be interesting to know the SEC's timeline.