GREY:SCSZF - Post by User
Comment by
idleSpeculatoron Jun 12, 2006 1:16pm
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Post# 10977355
RE: www.vivosystems.com
RE: www.vivosystems.com"As shareholders could we go after Frank?"
There is a clear open and shut case for insider trading (selling before the halt) ealrier this year by both Pat and Frank.
There is also clear examples of significant data not being released by management to the shareholders before and during the above selling, such as loss of Vivo customers and Lawsuites filesd against Frank and Compnay reagarding Vivo. They also claimed they were selling to raise money to pay the accountants, they were the only people who knew they were ont going to pay the accountants resulting in the halt, by telling shareholders they were selling for this reason, they hid the forthcoming halt.
IMO it doesn't get much mre criminal than this and the necessary evidence is largely in the public domain.
So yes imo there is a case to be made against both of them by shareholders if they wish.