A person who says it costs USD30,000 to commence liquidation in Bermuda.
But this individual has a fanciful imagination, does it not?
A Statutory Demand, followed by a petition to wind - up LGB ,would cost a tiny fraction of that amount.
Graham's problem is not a risk v. reward one, but simply that he has no cause of action as a shareholder. He bought shares, they are now worthless, and he cannot accept it.
The main issue from hereonin , though, is this:
How was it that on EXACTLY THE SAME INFORMATION, some went long and others short.
The idea that exposing short-selling will expose some wrongdoing is not only absurd, but counter-productive.
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