Court action by NTOG re’ several posters over on the iii/ADVFN boards is highly unlikely so goes the feeling here in the UK. Rather a sledge-hammer to crack a nut. Solicitors acting for NTOG will more than likely seek personal assurances from the offending posters coupled with an apology.
Shame on the service providers iii/advfn for buckling under the threat of legal action. What ever happened to freedom of speech?
NTOG pre-Lofgran have a miserable track record; share-holder value is non-existent. Another company in a long line of mis-fits in the E+P sector that promised so much and delivered absolutely nothing. The only people who have actually made a profit are the directors. A sham of a business model that will almost certainly end in tears for investors. It shows how desperate some companies are when they are going after posters on bulletin boards!. The new man at NTOG needs to get his priotities right. Bring home some bacon and prove you’re up to the job of turning this miserable out-fit around!
Matt Lofgran you were given the opportunity to post an article on this blog giving your hopes for the future for NTOG. You declined stating market sensitivity, a cop out if ever there was one. The offer still stands.
- U.K. Firms Target Bulletin Boards (online.wsj.com)