Post
Topic
Board Securities
Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]
by
stabs
on 23/03/2014, 21:59:42 UTC
This is a clarification about the law suit.

No, you do not need to be a current stock holder. What you do have to do is have lost a significant amount of wealth due to the fraud or unlawful incompetence of Garr.

If you bought shares a week ago, not what we are looking for sorry. If you held for well over a six months even if you don't hold the stock now, we are looking for you.

Thanks.

I bought over 5% of Cog at it's IPO and held the position as the stock was more and more diluted.  There were a couple times it was worth about $20k (too bad I didn't sell then) and with all the issues I finally gave up and started to liquidate last week at around .05 to .03 BTC per share.  I now have about 65 shares that I couldn't dump because there was no support.

Assuming Garr never liquidated his 10% of all shares I have no idea why he wouldn't have tried to work harder and be more transparent.  My only conclusion is that he was manipulating share price to his gain, personally mining, or engaging in a number of other activities for his personal gain instead looking out for Cognitive's best interests.