Tuesday, February 10, 2015 12:25:23 AM
Good question. What they presented to the judge was an agreement to dissolve debt through shares wapping. What they went to the judge with was not presented as an SEC issue but rather a friendly deal where all parties were in agreement. It was a slight of hand that the judge was probably in the pocket of Randall Goulding, ESQ. Now there is a lawyer or lier you need to do some simple Google searching on.
So no this did not meet the intent of the SEC. I am sure they know they have a limited time to run the pack before the SEC steps in. Goulding is well known by the SEC for running money laundering scams.
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