That was nothing more than smoke allowing $40k to be raised since the company stopped shelling out funds to CH a long time ago.
Now it's lets get everyone to join in a class action where some percentage will go to the lawyers, some to CH, and the rest to shareholders.
By the way, had any of these guys paid attention years ago, they could have filed a motion to overturn the revocation in the US Court of Appeals. When the case would have been heard, the SEC would of had to admit there is no signed revocation order for BCIT, just an electronic letter started by Susie Youn via email.
Don't worry though, I'm sure you all will be solicited to purchase a crappy Harrold's franchise at some point. Or invest in London real estate. Or purchase F1 mugs at a discounted price.
Proving SEC negligence overcomes the sovereign immunity defense, which makes the SEC liable. Look CH<----more free tips.
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