InvestorsHub Logo
Followers 71
Posts 17392
Boards Moderated 0
Alias Born 08/29/2008

Re: vulken17 post# 9455

Friday, 07/31/2015 1:00:58 PM

Friday, July 31, 2015 1:00:58 PM

Post# of 9567
The company and CEO may have been told by their lawyer to make no statement.

The SEC may take a couple years to bring charges. There also could be a parallel criminal investigation.

The SEC stepped-in to protect investors from securities fraud, and did what it could do.

Now, being on the grey market and having pretty much no access to the capital markets, may also contribute to protecting investors.