I wish to Thank you MMTE investors for all your kind PMs and personal e-mails, your time has come. The one thing I found from these communications is that many people do not know how this legal action described in prior posts might work, and how it would effect them.
First, lets clarify the issues. If you called the CEO of MMTE or any company, that is fine and you did nothing at all wrong. If you were involved in a phone conference call between MMTE's CEO and with other concerned investors, that too is fine. Nor should one be concerned if you presented legitimate research or due diligence. All of these actions are legal and are actually considered good due diligence, and expected when investing.
The defining issue is honesty and/or deceit with the intent of personal gain. It goes without saying that a private super secrete meeting between the CEO and just one or two others where material information was exchanged is illegal. It further goes without saying that when one posts about this action on a public board incriminating themselves and the CEO, that is a crime. But did you know that knowing being complicit in the perpetration of a lie with the intent of fooling or defrauding others is also a crime? This includes the deliberate suppression of knowledge which clearly demonstrates that such lies or stories were in fact false i.e., deleting posts that indicate these stories were false.
Some asked that if they were involved in the phone conference calls, and went along with the stories, were they guilty too. The answer is not so simple, and would depend if you did so knowing the information presented was untrue and meant to deceive.
However, lets be clear, this is a common and tried and true police tactic, and is typically used to get the main players (the big fish) and not the ordinary guy who followed the crowd. Even if you went along with a lie and you knew it was a lie, that does not mean you are a criminal or that you will be prosecuted. Instead, the people who come forward are often granted complete immunity for their disclosures, and may not be punished at all. Many would call such people Heroes for finally being honest about what happened.
Often, the first one forward is offered the best terms and the most clemency, but that too depends on what knows and can present as evidence.
Once the first big fish is identified or rated out, others soon follow, and on and on and on. Finally, investigators find the truth and the real perpetrators of the crime are caught and prosecuted.
Thus, if the liars or story-tellers are really telling the truth, they can come forward themselves and present what they have as evidence. And that evidence, if deemed credible, will incriminate William Lieberman and get themselves off the hook. At the same time, it will set them free.
But lets be honest here, I never once believed these stories to be true, and I was amazed at how trusting so many people were. Con artists count on this behavior. Some comment that they thought these people were their friends. But friends do not deceive for their personal gain at the expense of their friends. Oh, and these liars didn't have to make a profit either. Instead, if they only told these stories and lies so they could get out while others believed them and held on --- to their doom. Then this too is FRAUD.
Now this is a condensed version, and one should always contact a licensed attorney for more detailed legal advise, but this will suffice for the present to put people on the right path. Tell your attorney the whole story and who was involved. Be as specific about the people involved as you can be, and it is often helpful if you can show how you personally were harmed.
As I stated earlier, one rat leads to another, and pretty soon the head rat is found.
Thanks again to all, and best of luck in what you do.
