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Message #1551
From: Frank Smart
Date: May 20, 2008 11:27:25 AM

Cassavant accuses Edwards

From the SEC suit (take note of yellow text). Doesn't seem like something Urban would do if he was in collusion with Edwards now does it?

Dvorak also prepared opinion letters based on Edwards' handwritten instructions, although he knew from past experience that Edwards sold corporate shells for stock, falsified documents, and dumped stock into the market. At the time that Dvorak issued the opinion letters, Dvorak suspected that Edwards was giving Casavant money. Dvorak also knew that Edwards had no formal role at CMKM, that Casavant accused Edwards of directing Bagley to issue unauthorized shares, and that Edwards exerted undue pressure on Casavant. this line sounds like they are dropping hints that Urban was not the bad guy that Edwards was.

"Casavant accused Edwards of directing Bagley to issue unauthorized shares, and that Edwards exerted undue pressure on Casavant."

I think Edwards will go down as the Bad guy and Urban was the victim.

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