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[ga] Bible.com Investor Sues Company For Lack Of Profit

  • To: ga@xxxxxxxxxxxxxx
  • Subject: [ga] Bible.com Investor Sues Company For Lack Of Profit
  • From: "Jeffrey A. Williams" <jwkckid1@xxxxxxxxxxxxx>
  • Date: Sat, 23 Oct 2010 13:27:36 -0500 (GMT-05:00)

All,

  See:
The board of Bible.com claims that it is easier for a camel to pass
through the eye of a needle, than to 
http://news.yahoo.com/s/nm/20101021/od_nm/us_biblecom_lawsuit
make money on the domain name, but an angry shareholder disagrees. 
>From the article: "James Solakian filed the lawsuit in Delaware's 
Chancery Court against the board of Bible.com for breaching their 
duty by refusing to sell the site or run the company in a profitable 
way. The lawsuit cites a valuation done by a potential purchaser 
that estimated bible.com could be worth more than dictionary.com, 
which recently sold for more than $100 million."

Regards,
Jeffrey A. Williams
Spokesman for INEGroup LLA. - (Over 300k members/stakeholders and growing, 
strong!)
"Obedience of the law is the greatest freedom" -
   Abraham Lincoln

"Credit should go with the performance of duty and not with what is very
often the accident of glory" - Theodore Roosevelt

"If the probability be called P; the injury, L; and the burden, B; liability
depends upon whether B is less than L multiplied by
P: i.e., whether B is less than PL."
United States v. Carroll Towing  (159 F.2d 169 [2d Cir. 1947]
===============================================================
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