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Re: mongoose64801 post# 3700

Wednesday, 05/06/2015 12:19:18 AM

Wednesday, May 06, 2015 12:19:18 AM

Post# of 3720
That's the sanction on the Administrative hearing only. There is also a criminal hearing which he plead guilty to. He will have a disgorgement penalty but the amount hasn't been determined.

See link: https://www.sec.gov/litigation/litreleases/2015/lr23238.htm

I was barking the entire time how this spin-off and GXG listing had gaping holes in its story and how parts made little sense. And people on the board like Sheeple kept defending the transaction and how we would all get our shares. Well, what we all got was screwed! Man oh man, Cohen carefully planned this out if you think about it. Starting when the Company opted to go back on the Pinks so he wouldn't have to be "reporting compliant". We were all so excited about the trials at the time, no one cared...but in the back of my mind I heavily questioned it. Thankfully, I sold a lot of my shares at much higher prices but I was definitely left holding the proverbial "bag" on a bunch! Oh well, maybe we will all see some money back once the SEC is done with him, too bad he appears broke with his latest BK filing!