I have a feeling they may have obtained some of the material via a non legal means , which they may have to divulge in court were they obtained , thus incriminating themselves . I said yesterday , tw is no genius in this game , his track record is patchy to say the least . so that immediately raises questions on how he suddenly changed spots , and yet has nt repeated his performance anywhere else ?I think the twins imagined they could bully jim out of making a court appearance , which has nt worked , and now they are starting to lose their nerve . this is costing us shareholders cash from the coffers of ser , and even if ser were successful , how much would we gain ? speaking of finance , I believe they are going to have to raid the war chest soon for a large amount of cash for this 3 mile pipeline , which we were assured was going to be finished in july this year . strange don't you think that we were given july , a time when surely the crop was growing , and now we are having to wait for farmer giles to bring the crop in . more deceit from jim , I think the real reason it has nt been completed is this is going to cost big bucks , cant work out if the pipeline is over or underground . I am hoping overground , but that would nt make sense if it is running across a field like jim is implying . underground pipelaying costs a fortune , and we wont see any news this side of xmas on its completion .so no matter what , either for court costs or pipelaying , cash is going to have to be raised .atb
In all honesty I expected SER to bring the proceedings to a halt last Friday but the fact that they are continuing suggests they still have a good case. Perhaps it could be something that TW/BMD have said or done since the original libel, which has given them grounds to continue. This wouldn't be a complete surprise given the vindictive nature of their attacks.
he makes some very good points , and I cant argue with the logic of the situation or the case he makes . I think the problem for all of us is understanding who has the legal upperhand here . I am not so sure about their assertion that je is innocent , but I understand that he has nt been legal proven guilty . to all intents and purposes he has been caught with his pants down , and I am certain if the authorities had any gumption about them , they would investigate and prosecute . unfortunately this is aim , and its akin to the wild west in its approach to policing as far as I am concerned . thanks for the differing point of view , and getting back with the info .atb
Loverat has argued that although JE is far from being a model citizen he can still be libelled. California Joe takes a similar stance. Here is one of his posts:
"Difficult one to call this! Sefton took the action against TW and BMD based on their insinuations about the company and the possibility that they had used their medium as an advantage to their possible trading.
The two have responded by making further allegations and what could be seen as libellous and defamatory publications about the company and the CEO.
The attacks on the CEO have been personal and certain claims about fraud, his family and his personal life may well turn out to go against them, as surely making a public attack on someone and naming them as being guilty of fraud, when this has never been proven and this person prosecuted for it, unless they can ensure a prosecution to back up their claims, they would be guilty of what they are being accused of.
I cannot see a court, on a point of law, agreeing with the defendants.
I also see there may be a problem with the market sensitive information being made public and publicised on their blogs. Could it be the same offence as repeating a libel, that the person that repeats it is also seen to be as guilty as the source?
JE may well be guilty of what they accuse him of, but using that information PRIOR to any proof of guilt I see as a major stumbling block to their success.
It matters not what the judge may think, he has to act within the law. His personal opinion may differ, but that wont help the two!"
good find , any chance you can expand on whaat the 2 posters think are the reasons to continue with the court case . for me , this is proving an unnecessary distraction and a possible expense that the company can ill afford . I do agree though that the pair do seem less boisterous in all their claims of late , and tw language has certainly been toned down . I just don't see what we would gain from pursuing the case with je effectively sidelined . I fear an ulterior motive which I have said before , is that je is hoping if he wins , he can claim back his position within the company , which I don't believe will do any of us any good . atb
It looks to me that SER are continuing on with the libel case against TW/BMD. Both Loverat and California Joe on Advfn have made very good points as to why they should continue despite JE being discredited. I am also lead to believe that the stuff they have dug up on JE is not admissible in court. Nutjack has also posted this on advfn:
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