RE: Armchair wizards30 Jul 2015 00:33
Hi Bthus,
You misunderstand the severity of many of the accusations and threats on here, or you havent seen them.
Ever since I have been involved on here, from before march, there has been a stream of unfounded allegation, defamation, abuse, villification and personal threats of violence directed at the BOD past and present.
Under that pressure would you, if you were a victim of that, not also have been seeking serious advice from your lawyers. My personal understanding is that the company also had to seek the services of a security agency for advice on the personal security of certain individuals.
We were able to persuade the company not to pursue a tough legal line with those belligerent individuals and we explained that many shareholders were under deep emotional distress with large personal losses and that accounted for the unreasonable behavoiur online. To date I am not aware of any actions that have been taken against individuals, so we must have been successful in that.
However, I feel certain my own mind that every comment of a disparaging nature, posted on here has been recorded, and a file on every such perpetrator sits in a lawyers office somewhere, ready. Thats what lawyers do. Build evidence.
So yes, I think the directors of the campany have wasted a lot of time, and shareholders money, setting up defenses against these allegations. And that has been at the cost of spending time seeking alternative solutions.
But then thats just my view. A realistic one I suggest.
Tony