Re: New Release
in response to
by
posted on
Apr 05, 2013 01:36AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Comments;
1)Vancouver, April 4, 2013: St. Elias Mines (SLI-TSX-V) (the "Company") announces that it has today received an Order from the Supreme Court of British Columbia in the on-going defamation action that Stockhouse and Agoracom provide internet protocol addresses and other identifying information of various account holders relevant to the litigation. The application was uncontested. St. Elias believes that this information will assist in moving the defamation action forward in an efficient and effective manner.
1)Again, a blatant waste of shareholders money and a waste of company time. Really, what does Lori have to gain by this, perhaps shutting us up? And isn,t that an infringement on our rights? There has been no defamation, whereas everything said by shareholders can be backed by fact. Also, why is she not going after the bashers and stock price manipulators that drove the stock price down, including herself? Why would she attempt to target the supporters of the company? This is definitely not in the companies nor the shareholders best interests and I take it as a further black mark against the BOD and possibly an increase of repercussions for the current BOD. I believe most of the named John Does and the named ones, like me, Sculpin, have nothing much left, whereas we have suffered huge losses on paper, and if in the very remote chance that she did win, what is she going to get out of us? Its ridiculous and apparent that she is using every bit of SLI money towards litigation that is designed to try to save her very own face, not that of the companies nor its shareholders best interests. I am appalled at how the current BOD are condoning her actions, are they all unscrupolous? Its their choice though, I wish them all the best, and hope they will take the time and really think of what they are supporting here and going against the best interests of 1000,s of shareholders. I do have pity for them all, even the bashers, because I don,t believe they are thinking straight here.
The BOD is touching on a very sticky subject here even if the proceeding had merit, let alone the frivolity of the matter. Also I question the jurisdiction of the court whereas Agoracoms home province is Ontario, and that province has specific privacy legislation that differs from that of B.C.. Nevertheless, there is also the matter with Agoracoms and Stockhouses actions to this court order that will be very interesting. This could be very damaging for Agoracom and Stock House, and I wish them to know that 91% of the vote at the last AGM wanted the BOD out that is responsible for these current actions, NOT THE SHAREHOLDERS, NOR THE COMPANY SLI, but the current BOD that accounts for less than 9% of the votes. This is looking like a personal vendetta or vengeance against supporters of their investment, and especially me, Sculpin.
I will love to see the BOD go forward with this, because it will open the door for me and other posters here, to get the identities of all the bashers and track their origins and affiliations as well. I believe that will be a very happy day for all the posters that have been unjustly discredited and called to the lowest by these bashers.
2)Also, St. Elias announces that it has today filed an injunction application with the BC Supreme Court, as well as an application for substitutional service, with respect to the poster known as "Sculpin". This individual has not, to date, accepted service of the Notice of Civil Claim. The Company regrets being put to the expense of the substitutional service application but considers it necessary. The injunction application seeks to enjoin "Sculpin" from on-going defamatory comments. St. Elias intends to have the injunction application heard later this month.
2) As for this, really? All of you shareholders here,plus others that read this forum, do you guys think that I am a threat thats worthy of destroying this company? I mean seriously, this is quite a laugh, I was one of the last shareholders to give up on Lori. I gave her every benefit of the doubt and supported her like I have this company/my investment. When the lie became apparent about Quantec not working day to day with us, as Lori said in front of approx 100 shareholders, I could not support her anymore, this broke the camels back. It wasn,t only this as you know, there were and are too many things that I tried to support her on and I said she may justify these things later, but they just kept becoming more and more things, that I had to give up on her. I am sorry Lori, I tried and gave you every benefit of the doubt, but you chose another road YOURSELF that has led you to where you are today.
I am laughing out loud as I look at the pathetic statement; "The Company regrets being put to the expense of the substitutional service application but considers it necessary"
So, its really necessary and extremely important to the company and its shareholders to "get" poor Sculpin! LMAO! Do you really know how absurd the above statement sounds Lori, or whoever wrote it? For Gods Sake Mr Don Bastien, if you have any decency, please step in here and do something about this foolishness, do you know how foolish its making you and the other BOD look? This is not acceptable behaviour of any BOD, to go after a broke supporting shareholder for no reason, and wasting shareholders money at this precarious time. This is really showing the professionalism and experience of how to run a reputable company.
3)Finally, with respect to the Hastman oppression proceeding, St. Elias announces that, in light of substantial amendments that the Hastmans have recently made to their pleadings, St. Elias will not be proceeding at this time with the previously announced application to strike the claims as against the individual directors. Applications to strike are generally dealt with on the basis of the pleadings alone, rather than the merits. St. Elias considers the Amended Petition to be wholly without merit and reiterates that it intends to vigourously defend itself against this proceeding.
3) Now this is very interesting. It looks as though she may have been unable to strike down the claim by the Green Team. However that reads, I interpret it as a good sign for our Green Team and a weakening for the current BOD. There must be some merit in the claim, even though she insists it isn,t, or she would have most likely succeeded in striking it.
I don,t care for the use of St Elias in this statement; "St. Elias considers the Amended Petition to be wholly without merit and reiterates that it intends to vigourously defend itself against this proceeding." There are several problems I have with this statement;
1) its not St Elias considering anything when 91% of the shareholders consider the current BOD as being illegal
2) again, its not St Elias defending itself against itself, this is looking like the current BOD desperately fighting against all odds for some important reason, and definitely not the 91% shareholder vote
3) what is she fighting so hard for? This is really senseless, for her to take the grave risk of throwing away 91% of the votes and contiuously attack the shareholders and the treasury on frivilous and petty things, while she and BOD could have been acting responsibly toward the the company and its shareholders.
All in my opinion and I assure you Lori and BOD that I am not concerned in the least with your proceedings and wish you would give up these sharades and walk away, for the benefit of all. I sit here and shake my head at your actions as I am sure many more do also.I don,t wish to degrade you madam, but I don,t believe you are not seeing what you are doing at risking 1000,s of investors savings that helped you to attain a high level of prestige at one time, that you tore down yourself. Please don,t make all these innocent investors pay for someone elses mistakes, that would not be a good and right thing to do.
thank you
rick