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Class Action Advice from Experience
#11
with common sense incomprehensible that something like this was approved. the fraud is obvious.

Also, I wonder about PNG, which should have much more interest in a regulated transition between NUS.old and NUS.new?

Maybe you are already sitting in the next NUS boat. Otherwise I would cancel all licenses with immediate effect in their place.
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#12
Monitor's 4th Report: Section 3.7. PNG got extention, retained Canadian Attorneys and could still blow everything up by Monday August 19th. PNG is considered a shareholder like us. I'm not saying there's hope but who knows at this point.

I'm 100% in any class action. Total theft.
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#13
someone tried to get in contact with Eda Kopa... was this successful? if not, perhaps try it again?
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#14
so what do we do now ?
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#15
I emailed Peter Marshall of Ed Kopa (PNG) and Johnston Tuke Mining Minister last Monday 8/5 and emailed them again last night both times with our letter and a brief synopsis.  Who knows what if any effect it has had.  Let's hope they're as pissed as we are.
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#16
Hi all,

Yesterday this article surfaced online. It talks about a possible class action lawsuit initiated by the small investor. 

http://www.deepseaminingoutofourdepth.or...-impotent/
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#17
I think that last statement about the class action lawsuits is in reference to this forum honestly, lol.

I do have a question tho if we are to proceed with this lawsuit: does anyone know if we can take the tax loss on it yet? I thought the American tax law is if you deduct the loss, you waive any right to try to recover the loss. Or am I incorrect on that?

I would also support any class action lawsuit, but I am an American. If nothing else, we will at least obtain a tax deduction for our losses that will allow us to recover a portion of what we lost. I don’t wanna take the loss if we are filing a class action though or I would forego any recovery. If we can get a clear answer by the end of this year, that would help. Otherwise I may try deducting the loss on my 2019 tax return to recoup a portion of my loss.
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#18
(08-15-2019, 12:40 AM)Mejustjustin Wrote: I think that last statement about the class action lawsuits is in reference to this forum honestly, lol.

I do have a question tho if we are to proceed with this lawsuit: does anyone know if we can take the tax loss on it yet? I thought the American tax law is if you deduct the loss, you waive any right to try to recover the loss. Or am I incorrect on that?

I would also support any class action lawsuit, but I am an American. If nothing else, we will at least obtain a tax deduction for our losses that will allow us to recover a portion of what we lost. I don’t wanna take the loss if we are filing a class action though or I would forego any recovery.  If we can get a clear answer by the end of this year, that would help. Otherwise I may try deducting the loss on my 2019 tax return to recoup a portion of my loss.

I'd say for tax related issues and questions you should maybe visit the taxpayersunite.com forum.

Sorry, but we seriously have other problems at the moment than your American tax write off.
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#19
I read the article that S3 posted and I agree with justin, that the reference to a small group of shareholders filing a class-action, is us. This is great! It's out in public, it's in print, on the internet etc. It's only a matter of time before some layers get wind of it and come sniffing around (sorry, no offense to the lawyers out there).
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#20
I'm also thinking that the attorney's that PNG hired may already be thinking class action. Maybe we should put out some feelers to them. Perhaps forward our "letter" with an inquiry of interest of a class-action. Thoughts?
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