Companies getting Tired of the BS I thought this would be very interesting to read...companies are getting fed up of the B$ on these boards...
VMS Ventures Updates Shareholders on Stockhouse Bullboard Posters
Friday, November 30, 2012
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 30, 2012) -VMS Ventures Inc. (the "Company") (TSX VENTURE:VMS) is pleased to announce that the Company has now obtained the relevant court orders requiring the internet service providers for the posters known as "axeman#", "tamerackerdown" and "nttg2005" to disclose the identity of these posters. In three separate petitions filed against the internet service providers filed on November 15, 2012, the Company alleged that the posters published a series of false and malicious posts about the Company on the website: www.stockhouse.com (the "Stockhouse Website") over various periods from November 2, 2010 to May 10, 2012.
The Company had previously obtained orders against the Stockhouse Website for production of the IP addresses of these posters, and these recently obtained orders will allow the Company to connect the IP addresses to the names and addresses of these posters. The Company is awaiting production of the names and addresses pursuant to these orders and intends to pursue all legal options available against these posters in order to protect its reputation.
The Company would like shareholders to know that it has now reached a settlement with the poster known as "U3082014" regarding posts made on the Stockhouse Website from April 15, 2011 to August 27, 2012. The poster known as "U3082014" has now provided all relevant contact information to the Company and has posted a formal apology to the Company on the Stockhouse Website. Other terms of the settlement are confidential.
The full text of the apology as provided to the Company and posted on the Stockhouse Website is as follows:
Dear VMS & Shareholders,
Please accept this statement as my formal apology for the "posts" I made under the username "U3082014".
It was not my intention to cause any damage or inconvenience. I am just "average joe" investor that was acting alone and out of frustration. I owned 55,000 shares of VMS and was very upset with the lack of drilling results and the Dunlop Lawsuit and how it negatively affected the share price. As I shareholder I thought I had the right to be critical of Management but in retrospect I can see that my comments "crossed the line" I made some statements in haste and admittedly "jumped to conclusions". Upon reflection I believe that VMS's management did not withhold any information and have handled the Dunlop Lawsuit in the best interests of VMS's Shareholders. Any statements I made in reference to this were made from speculation and not facts.
I contacted VMS's Legal Department on Sept.7/2012 with a letter of apology and provided them with my personal information and agreed to work with them to find a solution to the dispute.
Sincerely, U3082014.