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by Mike Caswell
Canada Carbon Inc. has filed a defamation suit in the Supreme Court of British Columbia against Paul Cooper, a former consultant to the company. According to the suit, Mr. Cooper posted a series of messages on Stockhouse that meant the company is a pump-and-dump and a scam. The posts damaged the reputations of Canada Carbon and its chief executive officer, Robert Bruce Duncan, the company complains.
The allegations are contained in a notice of claim that Canada Carbon filed at the Vancouver courthouse on Monday, March 3. Both the company and Mr. Duncan are plaintiffs. The suit identifies the sole defendant as Mr. Cooper, a resident of Mississauga, Ont., who worked as a consultant for the company from August, 2012, to April, 2013. The suit says little about how his work for the company ended, but it describes his termination as acrimonious. He has since gone to work for another graphite company, Saint Jean Carbon Inc.
Canada Carbon quotes five messages that Mr. Cooper allegedly posted on Stockhouse under the alias "Doobyus" in late 2013. They include one from Sept. 19, 2013, that called the company a "balloon filled with hot air." It stated that people who had "bought this dog will wish they hadnt" and that investors are "being fooled into thinking it will all magically turn into a mine." The post advised not to "look for the people running the show right now because they'll be long long gone with your money."
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Saga just keeps getting better. Where is the TSX in all of this.? Material info to these proceedings is not being disseminated to all CCB shareholders.Not one mention yet of a poster named Smallcap52 whom claims to be Mr Duncan posting dozens of times on the CCB stockhouse board over the past 4 months. You need a good laugh read the posts by Bobgeenfield and Smallcap52.No doubt share something in common.