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Re: DD2Gain post# 18655

Thursday, 11/27/2014 8:11:14 AM

Thursday, November 27, 2014 8:11:14 AM

Post# of 84316
Yes, because in our infinite wisdom we know in America you are guilty until you prove yourself innocent, right?

Anyone in the investment banking industry knows how perilous SEC rules and guidelines can be. Being in a gray area is commonplace and when you spend decades in the industry, it is not uncommon to come under the scrutiny of the SEC from time to time.

I find it interesting to see how we dug up an investigation on John Fife in 2007 YET there was never any conviction, sanction, penalty or fine. Do we think it might be because at the end of the day he was innocent of any wrong doing or are we just going to toss aside the US Constitution because we have to get our daily negative spin on anything associated with Labor SMART?

I happen to know John Fife and he runs one of the best hedge funds that any OTC company would want to do business with. Unlike other hedge funds who will do business with any company that has a pulse, his group of investors are VERY SELECTIVE with who they do business with.

I'm really not sure if we really should be investing in the market. It seems that our risk tolerance is better suited at a bank and in investing in CD's.