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Message: Backdoor tactic?

Some very interesting comments in this news article from a few days ago. It appears that a person is coming out and saying how things sometimes really work and I am grateful to see them standing up against such tactics that wipe investors/shareholders out, while also taken advantage of them constantly, should no action be taken against these types of pillages.

I take particular interest in the "backdoor " comment and the context in which it is contained in connection with a "downward" spiral of the stock.

I also interest the deal that saw over a billion dollar property being sold for a fraction of that in which apparently the shareholders freceived zilch.

May I suggest that all shareholders read this article and perhaps inform others whereas there may be valuable components contained within future proceedings with that particular case in which may help us in the future if needed. Also, there may be a possibility of joining investors in similar circumstance to launch massive Class Action/s against the regulators and/or the ones responsible for these regulators, our government.

In this excerpt below, it is very easy for that circumstance to be ascertained whereas there are duplicate recording systems implimented in ALL brokerages to facilitate the actual displacement of all shares sold in any stock on these recording devises, this is LAW fior them to have them in place. To simplify, any investigative unit can quite easily and efficiently trace ALL stock traded to the respective orders as well as match up the DS service records from most notably the U.S. Depository, if trades were funneled through there as well in any stock manipulation.

"Instead, the claim alleges, Brookfield manipulated Birch Mountain’s stock through “death spiral stock trading,” driving it down to just a penny. However, the lawsuit provides no evidence that Brookfield was actually behind the trading."

Using debentures and “death spiral stock trading” to obtain control of a distressed company instead of mounting a takeover bid is a common technique, said Wanda Bond, a self-described shareholder activist who along with her Florida-based partner James Currie has been working on the case with a group of fellow Birch Mountain investors.

“This is a back door-practice, under the guise of being a white knight,” said Ms. Bond, who was herself the case’s named plaintiff when it was originally filed in Ontario. “And there’s nobody stopping this sort of thing.”

http://www.theglobeandmail.com/report-on-business/industry-news/the-law-page/hockey-hero-heading-shareholder-fight/article18993675/

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