I just read a good part of the judges reply to the TECO defendants request for "summary judgment". The judges response implies the defendants are skirting around the SEC charges with references to unrelated matters like certain posters, IHUB agenda's and other unrelated defense like posturing. I agree the TECO pleading provides zero evidence to defend the specific SEC charges. In addition the TECO attorney doesn't use some of the case law in it's proper context. Another wards the defendants are relying on "he said, she said, they said" defense instead of documented proof or credible interrogatories, etc. I wonder if anyone from Belize was interviewed like good ole Max Mohammed? Simply put, the SEC has specific charges against the TECO defendants and they can't seem to provide any defense required for a Summary Judgment and so they go to trial! Hopefully they can convince a jury! One could argue that some of the early on bashing and IHUB shenanigans made it more difficult for TECO to operate but in my opinion that came well after the Belize event and the $4.5mm capitol raised. I remember buying into the Belize hype and adding to my position at approximately .07/share. Then the stock plummeted on that Belize article being published denying the oil strike only a day or two later. Every IHUB stock has it's pumpers and bashers, buyers and sellers so it would be hard to prove the IHUB influence brought down TECO versus TECO bringing down TECO. One could argue that TECO provided plenty of fodder for the bashers to pick at over the course of years! One false start after another or one BS PR after another. If a microcap company PR'S too many false starts then forget about attracting "real" investors in the Pink Sheets and OTCBB. That type of operation will only attract shorter's, traders and flippers. Anyways, the trial will be interesting!
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