AND THIS FORMAL COMPLAINT TO THE SEC WILL ACCOMPLISH WHAT? IT SURE AS HELL WILL NOT COMPENSATE THE XLIT SHAREHOLDERS! IMO...THIS ACTION SHOULD BE PUT IN THE CATEGORY OF "YEAH RIGHT"!
ACTUALLY, IMO, A FORMAL SEC XLIT SHAREHOLDER COMPLAINT AGAINST JAMES SCHRAM MIGHT HAVE A HIGHER POTENTIAL FOR SUCCESS! IF JAMES SCHRAMM WERE ACTUALLY CONFIDENT IN THE CASES AGAINST TRADER'S CHOICE AND DENOBILE, HE SHOULD BE INITIATING CIVIL LITIGATION VERSUS BOTH! OF COURSE THAT WOULD REQUIRE MONEY AND XLIT HAS NONE! JUST A GUESS, NO REPUTABLE ATTORNEY WOULD DO THE CASE ON A CONTINGENCY BASIS, AS THE CHANCE OF WINNING IS PROBABLY APPROACHING ZERO! ON THE OTHER HAND A SUCCESSFUL LITIGATION OUTCOME, WOULD POTENTIALLY HELP THE XLIT INVESTORS!
TODAY'S PR IS MORE JAMES SCHRAMM SMOKE AND MIRRORS, AT BEST!
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