Liftport Legal Case
July 29, 2010, 04:41:08 PM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News:
 
   Home   Help Search Login Register  
Pages: [1]
  Print  
Author Topic: Liftport Legal Case  (Read 3278 times)
A_M_Swallow
Hero Member
*****
Offline Offline

Posts: 836


View Profile
« on: June 01, 2007, 08:04:42 PM »

From blogs I gather that Liftport has got its self into a legal case.

If an investor is going to use a website as a main source for an investment he probably has a responsibility to read the entire website.

a. Information about the costs of building a Space Elevator.
1. http://www.elevator2010.org/faq.html?advanced
  Providing there is a link to the Elevator2010 site.

2. Copies of Dr Edwards reports.  They are in the /papers section.

3. Anything else about costs by Liftport people.

4. Cost estimates by posters on the forums.


b. Time scale for building the Space Elevator.
   See the SE Roadmap for a detailed break down.
   http://www.liftport.com/papers/SE_Roadmap_v1beta.pdf
   Public replies to this document show that it was not faked for the trial.

I suspect the Securities Administration are not expecting the defendant to turn up at court with a van full of documents and evidence that the documents existed before the "Statement of Charges" was written.

c. Not professional investors.  I do not believe this.  They are more likely to be alleged entrapment investors.  They buy shares in small companies, wait for the share price to fall and then sue for compensation.  Since this is premeditated extortion and perjury/waste of police time these investors are extremely "sophisticated".  Look for previous examples by them, their friends and lawyer.

To prevent a repeat of this problem the cost, time scale and other legal documents may need putting into a section where they area easier to find.  The links to http://www.liftport.com/papers are deep within the website, an extra one from the top page may be useful.  Talk to a lawyer about it all.

Legal procedures are designed such that the lawyers always win.  Run anything to do with money in public through a lawyer and accountant.

I not a lawyer so this may not apply but it does give you ideas about some where to look.
Logged

Andrew Swallow
neil
Hero Member
*****
Offline Offline

Posts: 979


View Profile
« Reply #1 on: June 02, 2007, 04:03:47 PM »

This forum is available to read back to 2004 or there abouts. Space elevator is somewhat speculative: a conclusion quite obvious by the average conversations on this forum. Lawyer boo hiss.   Neil
Logged
joe.julian
Administrator
Hero Member
*****
Online Online

Posts: 540


View Profile WWW
« Reply #2 on: June 03, 2007, 09:10:18 PM »

Quote
The links to http://www.liftport.com/papers are deep within the website, an extra one from the top page may be useful.

If you have any time available, maybe you could help us get this stuff into our wiki
Logged
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.7 | SMF © 2006, Simple Machines LLC Valid XHTML 1.0! Valid CSS!

Login Form

Welcome, Guest. Please login or register.
July 29, 2010, 04:41:08 PM
Username: Password:
Login with username, password and session length

Forgot your password?