It just seems that this "vigilante" really knows his rights and he is someone you wouldn't want against you. The latest press release from BOPT claims that Mr. George Sharp is acting in contravention to a settlement agreement that ended with a mutual release executed on June 2, 2010. Also they say that they are suspecting him of shorting the stock.
However, looking at Mr. Sharp's past one would think that he simply has no reason to do so. He just seems to be after justice and his goal is to protect people who want to invest their money in shady companies. A prime example of his previous success is the lawsuit against Victory Capital Holdings Corp (VTYC) currently known as Victory Energy Corp (VYEY) of which Mr. Sharp was former CEO. It was about shady dealings under the new CEO of the company Jon Fullenkamp and ended with Sharp winning the lawsuit and being compensated $207,518.07.
With all that said and looking at the facts that we brought to your attention in our previous article about BOPT we can say that they are a really risky investment choice and people who consider investing their hard earned money should step cautiously and do their research before hopping on their train.