Tags

, , ,

So folks… please see the attached post by Mr. Samblis (opps, we mean Bzippy)(click to enlarge). 

Samblis_Victim_1Although it remains to be proven, but for the sake of clarity, it will be assumed here that “Bzippy” IS Mr. Steven Samblis.  We have previously commented on ( here ) what many believe is the fraud perpetrated on the investing public by Mr. Samblis using bogus aliases to post hype surrounding his company, and to surreptitiously respond to unflattering comments made about his company.  Many believe it is glaringly obvious that Mr. Samblis uses bogus aliases in an attempt to avoid being held accountable for his statements.

In his posts, Meadow2009 has cited some very important questions surrounding Mr. Samblis, CEO of IC Place, Inc, and, documented numerous inconsistencies in the SEC Quarterly/Yearly filings of the company.  Meadow2009 has done a excellent job at providing facts and figures, as well as what many would describe as some highly educated commentary on the subject of material accounting principles that seem to have been discarded when Mr. Samblis files (or causes to be filed on his behalf), SEC documents purporting to represent an accurate picture of the company’s financial state. 

Referencing the above graphic, representing Mr. Samblis’s response to Meadow2009’s work/postings… Mr. Samblis appears to play the victim role.  In addition to his attempts at playing the victim, he also attempts to subtly shoot the messenger.  This is classic avoidance of the issue(s) at hand.  Meadow2009 brings numerous facts to the forefront, and Mr. Samblis, instead of addressing the questions, chooses to respond by, in effect saying, that lies can be posted because he is the CEO of a public company i.e. “fair game“.   If these issues weren’t so serious, so apparently blatant, and so inexcusable, Mr. Samblis’s attempt at playing the victim would be laughable.  However, Mr. Samblis’s apparent disregard for honesty, and disrespect for the SEC is no laughing matter.  Mr. Samblis seems to think that if he can draw the readers off the subject matter, and facts, readers will lose sight of the questions he is not answering. 

Here is an excerpt from one of our previous posts regarding how to easily spot a respondents attempt to deflect focus from unflattering subjects.

Excerpt_AdvoidenceSo… Meadow2009… keep up the good work.  Many potential investors will thank you for your efforts at shining a light on the information that Mr. Samblis would apparently like to keep hidden from the investing public’s view.  Its likely current (and past) investors will thank you also in bringing to light things they wished they had known prior to losing their hard earned money on this company.  And,  its likely the SEC will thank you for assembling a lot of the information they will need should they decide to take a closer look at this company.  If the SEC wanted to set an example of what NOT to do when running a public company, this might be a good case to pursue. They seemed to have perused other companies for a lot less.