Orbite Technologies Inc EORBF

RE: RE: James West - Midas Letter

[alfredenueman]

Delisio,

You left out some of the most important stuff, ....excerpts from the Midas letter

""What the audience at home needs to understand is that the scholastic agonizing over methodology and phrasing in the PEA by the AMF is either out and out collusion with shortinterest investors, or a case of gross incompetence. Regulators jobs should be limited to regulating – not  suffocating – emerging technology companies. The damage the AMF has done to Orbite is insubstantial compared to what they’ve done to their own and Canada’s reputation. When your own regulators become a competitive
differentiator on behalf of your competition, companies are going to think twice about listing in Canada as opposed to south of the border, where collusion among government and industry is regulation.""

""There are 6 million shares on the short side of Orbite, and that means there is a lot of people who need Orbite to go down in order to execute a winning trade. While there is no evidence to suggest that the short interests in Orbite have infiltrated the AMF, there are nonetheless some very deep pockets moving behind the scenes to help Orbite share price deteriorate. So there may be some weakness in the share price, but that’s just an extended opportunity It would be hard to prove that the AMF is working for the competition but it is something I suspected long ago.""

It's something I have suspected for a long time but very hard to prove.

Alfredenueman