Jay, the more I read about this, the more I am more than incensed. I wish I could give you more support. How can Davis, Tao, Simpson, et al miss these blatant, illegal transactions?? And after all the work you did and presented to the trustee, the trustee fails to take action!!One has to wonder why some trustees pursue NSS diligently and some don't. These are the kind of transactions that were clearly highlighted in the filings, transactions that included transfer of assets by convicted lawyers! I have very little faith in the SEC...the only solution being is that monitoring be done by some other agency, a new born agency empowered to set the wrongs right...I wonder if this will work either! However, if the SEC chooses to remain inactive in spite of their Canadian counterparts taking action, then that would be the most disgraceful and shameful act. On the other hand they may not and may take action following their Canadian counterpart's footsteps! The SEC should be ashamed that they are being prodded by shareholder's investigative material. Acacia's transactions are one massive scoop.
But I doubt our antagonists attitude will ever change.
