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  1. #1
    SK_
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    Default LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    LIGATT Security International and Gregory Evans Sue Alleged Stock Bashers Chris Riley, Nisha Kappor, Ben Rothke, Randolph Morris and More for Alleged Stock Manipulation

    Press Release Source: LIGATT Security International, Inc. On Monday July 12, 2010, 9:15 am EDT

    ATLANTA, July 12, 2010 (GLOBE NEWSWIRE) -- LIGATT Security International (Pink Sheets:LGTT - News), a cyber security company, today announced that the company has filed a civil and criminal complaint against IT consultants Chris Riley and Ben Rothke as well as former Cyber Group Network employees, Randolph Morris, Nisha Kappor and others for alleged stock bashing.

    According to LIGATT, the alleged stock bashers do not own any stock within the company and bash LIGATT Security on investor websites in order to manipulate the company's stock for their own personal reasons. One alleged basher has posted over 500 posts within the last 6 months on investor sites such as Investors Hub, Yahoo.com, and many more.

    "These bashers think because they use different usernames and setup accounts with false information they can't be tracked, but this is what LIGATT Security does every day," says Gregory Evans, CEO of LIGATT Security International.

    Evans explains that he hopes to set a trend by starting these investigations. "Once we begin suing bashers, other OTC companies will follow. 99% of these people who are bashing the company's stock have never ran a business, or know anything about business. They think that they can spread lies about a company with no repercussions, and that will not happen with LIGATT," says Evans.

    LIGATT Security has recently uncovered a handful of the alleged stock bashers that have been involved. Some of these bloggers include: Chris John Riley, Ben Rothke, and Randolph Morris. On Investorshub.com, there have been a number of alleged stock bashers on the message board posting ruthless comments about LIGATT Security. Some of the people include: 20plus, Maui Dave, and Shooterkc.

    The 5,000,000 (five million) dollar lawsuits were filed in Gwinnett County, Georgia. They consist of a number of charges including stock manipulation and slander. The alleged offenders have already been reported to the Securities and Exchange Commission, also known as the SEC. LIGATT has six law firms on retainer at all times. These law firms will monitor the company's stock boards and respond to alleged bashers immediately when necessary. LIGATT Security has also consulted with overseas law firms to handle the alleged bashers in the foreign countries.

    "This lawsuit is just the first of at least two more coming against some of the names mentioned above and a few more," says Evans.

    The defendants are as follow: John Doe 1 A/K/A BRENTSKI98503, John Doe 2 A/K/A DOUBLEDOWN22, John Doe 3 A/K/A U_BEEN_EXPOSED, John Doe 4 A/K/A E_COMMA_KID, John Doe 5 A/K/A PENNYCHECKER, John Doe 6 A/K/A MARINE-1, John Doe 7 A/K/A SHAWNF, John Doe 8 A/K/A DHDOLPHNS, John Doe 9 A/K/A MAUI, John Doe 10 A/K/A BOOGERS, John Doe 11 A/K/A 20PLUS, John Doe 12 A/K/A NAUGHTY GIRL, John Doe 13 A/K/A @-@, John Doe 14 A/K/A RTCLAUS, John Doe 15 A/K/A CREATIVE IDEA FACTORY, John Doe 16 A/K/A RANDOLPH MORRIS, John Doe 17 A/K/A CHRIS JOHN RILEY, John Doe 18 A/K/A BEN ROTHKE, John Doe 19 A/K/A 3_COM_KID, John Doe 20 A/K/A CRABBYOLBASTARD, John Doe 21, John Doe 22, John Doe 23, John Doe 24, John Doe 25, and GREY MCKENZIE.

    "We are sure that once this total investigation is over we will find that not only were these people bashers, but they were also day traders and market makers. We are prepared to go after them due to the fact that they took part in manipulating the stock," says Evans.

    A video blog will be available today discussing the lawsuit in more detail. To access the video blog detailing the lawsuits, visit www.ligattsecurity.com/lawsuit.

    For more information regarding LIGATT Security International, visit www.ligattsecurity.com.

    SK recent buys: MNKD, AEZS

  2. #2
    Administrator ChuckD's Avatar
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    Default Re: LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    Wow, all that from a company whose stock is trading at .0001 ??? What exactly can the "bashers" accomplish when the pps is .0001 ?

    (I wonder if they are going to add me to the lawsuit now?) lol
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  3. #3
    SK_
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    Default Re: LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    Perhaps yet another scam to pump stock back up to...eh, .0003??? lol!

    SK recent buys: MNKD, AEZS

  4. #4
    Administrator ChuckD's Avatar
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    Default Re: LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    Quote Originally Posted by SK_ View Post
    Perhaps yet another scam to pump stock back up to...eh, .0003??? lol!

    You better be careful SK, you put "scam" and their ticker in the same sentence, and they have 6 law firms scanning the internet looking for people bashing their stock !!!!!

    On another note, Gwinnett County is right next to me, I think PW lives there.
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  5. #5
    Market Maker AndyB's Avatar
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    Default Re: LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    Lol, excellent. Maybe traders that get burnt buying spikes can start suing pumpers too
    We have said it on a few occasions lately, and we say it again today, more loudly ... a STORM is brewing ... and the moves in the AUD, USD, Yen only serve to add to the inter-market meteorological evidence in support of a strategic trading theme defined by the words ...

    ... 'seek shelter from the storm'

    Gregory T. Weldon, May 20th Money Monitor

  6. #6
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    Default Re: LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    Maybe they could use the capital ; ) 5mil lawsuit!

    But hey good for them. The pumpers and bashers do horrid things and really mess with investor confidence...although...you gotta be pretty damn gullible to believe everything you hear on yahoo or google
    ~~| GriM |~~
    "An investment in knowledge pays the best interest" -Benjamin Franklin


  7. #7
    Watching the grass grow. lattes's Avatar
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    Default Re: LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    That scares the heck out of me.

    So a company sucks, and you say it sucks and get sued...

    Amazing how readily people hand over their rights and freedoms:

    [ame]http://www.youtube.com/watch?v=8E9X_AcpHbA[/ame]
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  8. #8
    Administrator ChuckD's Avatar
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    Default Re: LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    "Those who would trade Liberty for security deserve neither"

    Attributed to both Thomas Jefferson and Benjamin Franklin.
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  9. #9
    Administrator ItsLance's Avatar
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    Default Re: LGTT Sues alleged basher on iHUB, Google, Yahoo - saweeet

    Quote Originally Posted by lattes View Post
    That scares the heck out of me.

    So a company sucks, and you say it sucks and get sued...

    Amazing how readily people hand over their rights and freedoms:

    http://www.youtube.com/watch?v=8E9X_AcpHbA

    I'm not a lawyer or anything, but I wouldn't think a lawsuit would stand up in court unless you posted false statements that ended up in material damages for the company. In that case, I think you could sue for punitive damages. On the other hand if you are posting facts that the company dislikes, I don't think there is any basis for a lawsuit. Again, just some logical thinking....I am not a lawyer, and this is not legal advice.


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