Remote Dynamics Inc (RMTD)

[sailorboy1]

Why hasnt anyone filed a lawsuit against this B.S. that happened????

WSJ Journal Community: What United States Politicians are Majority Shareholders in Penny Stocks?

California Form 700 document states, California Senator Mimi Walters is the Majority Shareholder of Remote Dynamics, Inc. RMTD is a Publicly Traded GPS Tracking Corporation on the OTC Pink Marketplace.

7/22/2010 Publicly held Remote Dynamics, Inc.'s "Rediview" GPS Tracking assets were sold to privately held Telogis, a New Zealand based Telematics Company.

Currently shareholders were never updated to the facts of the deal even though RMTD CEO Gary Hallgren is now the VP, Corporate Strategy at Telogis. The price of Remote Dynamics Inc. still remains the same RMTD @.0001, leaving shareholders wondering if they were Bamboozled by the Senator and her husband.

Senator Mimi Walters Husband David Walters owns - RMTD, MSTF, DLGI, BNCM, SSEV
http://www.scribd.com/doc/49985967/R-Walters-Mimi

Question: Should Politicians be regulated from being Majority Shareholders in Publicly Traded Corporations?