Byron’s troubles began with a column he wrote for the September 2002 issue of the business magazine Red Herring, alleging that a buyout bid for Imagis Technologies, a Vancouver-based facial-recognition software company run by former FBI chief of counterterrorism Oliver “Buck” Revell, was probably a hoax to drive up the company’s stock price on the Vancouver penny stock market.
“This isn’t a market in which value, like cream, rises to the top,” Byron wrote. “It’s a world where prices tend to go up because someone is helping them up — and just because a company has someone like Mr. Revell on board hardly makes a stock a safer investment.
Multivision’s Nazerali sues Deep Capture for defamation
2011-10-20 13:59 ET – Street Wire
by Mike Caswell
Vancouver stock promoter Altaf Nazerali has filed a defamation suit in the Supreme Court of British Columbia against short-selling conspiracist Patrick Byrne and journalist Mark Mitchell over material they published on the website deepcapture.com. Mr. Nazerali claims that the site portrays him as a criminal and a fraud artist, among other things. The site linked him with an Osama bin Laden associate and with members of the Mafia.
Mr. Nazerali’s notice of claim, filed at the Vancouver courthouse on Wednesday, Oct. 19, identifies Mr. Byrne as a resident of Utah and Mr. Mitchell as a resident of Illinois. (Mr. Byrne is also the chief executive officer of Internet retailer Overstock.com Inc.) Also a defendant is Deep Capture LLC, the registered owner of the deepcapture.com website, which claims to expose wrongdoing in the markets.
According to the suit, Mr. Nazerali’s name appears in several chapters that Mr. Mitchell wrote on the site which link him to Mafia figures, intelligence figures in Iran, and people with connections to Osama bin Laden and Moammar Gadhafi. The suit contains lengthy quotes from the chapters, the first of which is dated May, 2011. It describes how Mr. Nazerali received a call to assist somebody named “Kott” (a subsequent chapter mentions notorious 1970s stock promoter Irving Kott) in 1979 after a car bomb attack.
Now if these guys are dirty then what should we think about Revell?
07/07/00 DALLAS OBSERVER © 2000. Former FBI second-in-command Oliver “Buck” Revell from Dallas, 61, has a bad reputation among some people: conspiracy buffs who peg the former lawman to the 1988 bombing of Pan Am 103 over Lockerbie, Scotland, which he helped investigate, as well as Waco, Iran-Contra, and Oklahoma City misdeeds. They allege that Revell, then the FBI’s counter-terrorism chief, failed to share a prior warning of the bombing with the American public, but heeded it personally to get his son off the doomed flight, a charge Revell angrily denies.
Buck Revell seems to have a knack for public suspicion. Stay tuned.