Replies to post #3893 on Recyclico Battery Materials Inc. (AMYZF)

[2guys]

Ok chippy, I see you and your cohort Blairman, the multi-alias poster, like to throw words around with no relevance, so here's something of relevance concerning AMY's Reaugh and a previous lawsuit.

You don't have to comment. It's self explanatory.


http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-447800-C:AUA&symbol=AUA&news_region=C


Adanac, Molycor too touchy: Pontius


2005-05-12 15:20 ET - Street Wire

Also Street Wire (C-MOR) Molycor Gold Corp
Also Street Wire (C-SWB) Stockgroup Information Systems Inc


by Stockwatch Business Reporter

The defendant has broken his silence in the slow-moving defamation lawsuit brought by Adanac Moly Corp., Molycor Gold Corp. and Larry W. Reaugh. The plaintiffs sued in March, 2004, claiming that the then-anonymous Tooper had been posting defamatory comments posted on Adanac and Molycor's Stockhouse.ca forums. Stockgroup Media Inc. was also named as a defendant in the lawsuit, as Adanac and Molycor tried to unmask the shadowy Tooper.

In August, 2004, Adanac and Molycor obtained a court order to make Stockgroup turn over its records on Tooper. The username was registered to Brian G. Pontius of Montrose, B.C. Mr. Pontius filed his defence to the lawsuit in April, 2005, over a year after the lawsuit began. He claims that any information on the Bullboards cannot be viewed as defamatory, as the comments are only opinion, and need to be viewed as such.

The lawsuit

As reported in Stockwatch on March 19, 2004, the allegedly defamatory comments first started showing up on Adanac's Stockhouse forum on Feb. 4, 2004. Tooper's often misspelled rants appeared 26 times over the course of 20 days, ending on Feb. 24, 2004.

By Feb. 13, Adanac and Mr. Reaugh knew of Tooper's posts, and had Adanac's corporate secretary Teresa Piorun complain to Stockhouse about the comments. Ms. Piorun followed up her complaint on Feb. 16 by telephoning Stockgroup's Vancouver office. After much back and forth, Tooper's comments were yanked, and his posting access suspended for one week. The lawsuit claimed that Stockgroup refused to ban Tooper permanently, unless the plaintiffs could obtain a court order demanding it do just that.

After Tooper's suspension was lifted, he returned to the Adanac boards, continuing to make his allegedly defamatory comments about Adanac and Mr. Reaugh. Ms. Piorun was back on the phone to Stockgroup on Feb. 25, complaining about Tooper's new comments. By March 3, Stockgroup killed Tooper's membership privileges. Nine days later, Adanac and Molycor filed their lawsuit in the Supreme Court of British Columbia.

The lawsuit claimed Tooper seriously injured the characters, credit and reputations of the plaintiffs. The companies claimed damages and costs, for the alleged libels, against Tooper.

Orders and notices

On Aug. 25, 2004, Adanac and Molycor's lawyer, Geeta Bains, went before Mr. Justice S. James Shabbits and obtained an order to make Stockgroup hand over any information it had on Tooper. Stockgroup complied with the order, and on Feb. 8, 2005, Ms. Bains was back in court, this time seeking an order to take Tooper's name off the lawsuit and replace it with the name of Mr. Pontius. Soon afterward, Adanac and Molycor dropped their lawsuit against Stockgroup.

Pontius speaks

Mr. Pontius filed his defence on April 20, 2005. He does not admit he was the mysterious Tooper, or that he made any of the allegedly libellous postings. He also denied that the postings on Stockhouse's forums had done any damage to Mr. Reaugh's reputation, or to the share price of either Adanac or Molycor.

A company's share price can vary on a day-to-day basis, Mr. Pontius points out, noting that Adanac's stock hovered around 60 cents on the date he filed his defence, coming off of a year high of $1.05, and dropping from 88 cents to 60 cents in two months.

Mr. Pontius goes on to state that all of of the comments published on Stockhouse were within the "normal content" of any poster. Stockhouse's Bullboards carry opinions that should not be construed as defamatory comments, Mr. Pontius adds. Such comments are only published to entertain thoughts and opinions.

Mr. Pontius claims that Adanac's investor relations consultant, Michael Alexander, was a registered user of the Stockhouse Bullboards as "CrazyDiamond," and that Mr. Reaugh knew of CrazyDiamond's Bullboard activity. On Jan. 11, 2005, CrazyDiamond posted, "Larry [Reaugh] has said several times to me he would prefer I not post on Stockhouse or other boards because he feels they are a bit of a clown show with a little to (sic) much 'Bull' going on along with the boards."

According to Mr. Pontius, Mr. Alexander made several unpleasant comments about J. Rennie Blair, a director of Sur American Gold Corp., on Sur's Stockhouse Bullboard: "Comparing that pumping little liar to Larry makes my blood boil. You don't have a damned clue what you are talking about. You try and make them both the apple when one is the apple and the other is a serpent. I leave you to figure out who I believe is which." Such comments, Mr. Pontius argues, support his position that comments against other individuals, as made by Adanac's own investor relations person, are acceptable as opinion pieces and do not damage the subjects of such postings.

Mr. Pontius closes his statement of defence by referring to the disclaimer on the Stockhouse website. The disclaimer asks the user to acknowledge that any material posted on the website will not be viewed as inviting, inducing or encouraging any person to make any investment decisions.

CrazyDiamond and Mr. Alexander

CrazyDiamond's Stockhouse profile states that he is "Bullish on metals, currently enjoying an almost 350% return on last 10 picks. Pink Floyd fan and all around good guy." CrazyDiamond frequented the Adanac Stockhouse forums, often posting pro-Adanac messages several times a day, but he has not posted anything since Feb. 15, 2005. On March 3, 2005, Adanac reported that it had extended its investor relations agreement with Mr. Alexander, who was upgraded to Adanac's investor relations manager at the same time.

Adanac closed at 66 cents on May 11, 2005, while Molycor closed at 13.5 cents.

(In an earlier version of this article, Stockwatch erroneously stated that Mr. Pontius had admitted he was Tooper. The article has been amended.)

[gharma]

I for one very much have to agree chippy and blairman.

The implications and allegations are frankly sickening to myself, sufficient that I consider ceasing involvement in this board.
I do not think I will provide that satisfaction, and would not like to see the iHub board loose out as have the SH boards for so many equities.

I am of the mind that cheerleading, with misleading information, that repeated mention of the same positive factors ad nauseum, and finding a supposed agenda to exist when facts contrary to the cheer are mentioned is not my idea of promoting proper DD.

Further, if people have a problem with management, whether that be the present or past performance, their histories through companies, their statements as compared to events and reality, they should and ought to voice those that others may sense the flavor of the concerns indicated.

ciao

ps, btw libel is the term for defamation when in written, published word