Two updates ...
1. Shiny - your get-out-of-jail free card has expired.
2. This is who you fell in with ... just in case you may have had an oversight with your head buried in the wrong hole ... if you are aware of all this then you are an idiot, so then read the last line:
Jehu Hand, 59, was indicted on charges of conspiracy to commit securities fraud … According to court documents, in 2012, Hand and co-conspirators engaged in a scheme to obtain and conceal their control over the majority of … stock so that they could “pump” up the company’s share price and then secretly “dump” their shares into the market by selling at the inflated price. Hand issued false legal opinion letters to … transfer agent and to stock brokers. The opinion letters, which intentionally disguised the conspirators’ control over … stock, enabled Hand … and their co-conspirators to obtain and sell … stock in the open market in violation of federal securities laws. Hand also created and backdated convertible promissory notes. Hand then relied on the false date on the convertible promissory notes when providing his legal opinion that federal securities laws had been followed and that the notes could be converted into seven million shares of … stock, which were then issued … With millions of shares of … stock at the conspirators’ disposal … proceeded to hire stock promoters to send blast e-mails that reached many potential investors … and contained misleading information touting … stock. As a result of the hype created by the false and misleading promotional campaign, Hand … and their co-conspirators were able to sell their … stock to unwitting investors at artificially high prices. These charges arise out of a multi-year investigation focusing on preventing fraud in the microcap stock markets. The charges and conviction follow a series of cases filed by the U.S. Attorney for the District of Massachusetts and the SEC in which more than 30 individuals have been criminally charged and convicted for using kickbacks and other schemes to trigger investment in, or manipulate the stock of, thinly-traded stocks. The charge of conspiracy to commit securities fraud provides for a sentence of no greater than five years in prison, three years of supervised release and a fine of $250,000 or twice the gain or loss to the victim. The charge of securities fraud and wire fraud provides for a sentence of no greater than 20 years in prison, three years of supervised release and a fine of $250,000 or twice the gain or loss.
Last line ... just wanted to remind you how stupid it was to be talked into suing the SHs - I'm not going to let you slide since you thumbed your nose in our faces when we tried to talk sense into you. That's right ... I'm not near done!
