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sirhaggus

03/22/12 9:39 AM

#56169 RE: longhorn 53 #56167

We weren't discussing something hypothetical that could be true or not. HOT made a statement of fact. Considering the SEC doesn't release this kind of information (I know because I've spoken with them on multiple occasions, including the director of the New York city office pertaining to the initial suspension), he would have had to have gotten this information directly from Dave Williams or it is hearsay from another source.

sirhaggus

03/22/12 9:51 AM

#56171 RE: longhorn 53 #56167

HOT did not say that it was told to him. He said that he had some information and then he said to call Dave Williams and ask him. At no point though did he say "someone told me this" or "I got this information from". Which is why it is suspect.

I don't doubt that the company and its directors are under investigation. What I doubt is the selective nature of the comment and the lack of anything that would give another investor the ability to verify it.

litton51

03/22/12 4:23 PM

#56191 RE: longhorn 53 #56167

Because non-verifiable charges are at best rumors and at worst actionable slander.