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Message: Re: Placement

Dec 11, 2007 12:35PM

Re: Placement

in response to by
posted on Dec 11, 2007 02:20PM

Seams the bashers over at the outhouse can't make up their mind where a placement should be priced....... they complain when they do a pp all the time...... but where is the money t explore to come from.. They complain when a placement was done at 30 and at 20 and now they complain when it's done at 30 again....

This is the true refection of the damage they have done..... they have hampered the companies abilty to raise funds and thus have increased the float size by keeping the price down...

I think Bob would gain a lot of confidence from existing shareholders if he would put some effort into exposing these guys. They have an agenda and have sown Malicouse intent in bashing the company, the managment and the shareholders for such a long time..... Couple this with only targeting SNO and TAH and we have the makings of a conspiracy to control the stock price..... JMHO

I think Bob should join forces with some of the others and make this a class action suit against SWB and some of the more baligerent posters...I think SNO has one of the best cases for a suit of any of the BB's of stocks on Stockhouse.. JMHO

Novawest sues Stockgroup over on-line postings

2007-12-06 16:23 ET - News Release

See News Release (C-NVE) Novawest Resources Inc

Mr. Patrick O'Brien of Novawest Resources reports

NOVAWEST FILES ACTION AGAINST STOCKGROUP MEDIA INC. AND POSTER "4SEER"

Novawest Resources Inc. has filed a writ of summons in the Supreme Court of British Columbia naming as defendants Stockgroup Information System's Stockgroup Media Inc. and an anonymous John Doe, posting under the name 4seer. The defendant, Stockgroup, carries on business as the operator of a number of Internet websites, the Stockgroup network of sites. John Doe, who has identified him or herself as 4Seer, is a registered member of Stockhouse. On, or about, Dec. 4, 2007, Stockhouse falsely and maliciously published and/or posted or caused to be published and/or posted numerous defamatory messages written by John Doe, also known as 4Seer, of and concerning the plaintiff, Novawest Resources.

By reason of these publications, the plaintiff has been seriously injured in character, credit and reputation. The plaintiff claims against the defendants the following: 1) A mandatory injunction to immediately remove the messages posted by the defendants until the trial of this action or until further order of the court; 2) An injunction restraining the defendant, Stockgroup, from publishing or posting any further messages written by the individual known as 4Seer, regarding the plaintiff, until the trial of this action or further order of the court; 3) A mandatory injunction compelling the defendant, Stockgroup, to disclose forthwith to the plaintiff the name and address of the individual known as 4Seer, as well as any additional pseudonyms used by this individual of which Stockgroup is aware; 4) General damages; 5) Special damages; 6) Aggravated damages; 7) Punitive damages; 8) Costs of this action; and 9) Such further and other relief as the court may deem just.

Statements transmitted and published over Stockhouse's website about particular companies are accessible by millions of individuals, including potential investors, and the extent of the damage could be considerable. The allegations in the statement of claim have not yet been addressed or proven before the courts, and no statement of defence has yet been filed.

We seek Safe Harbor.

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Dec 12, 2007 11:15AM
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Dec 12, 2007 11:18AM
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