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Re: Johnik post# 164953

Sunday, 02/12/2012 10:09:04 AM

Sunday, February 12, 2012 10:09:04 AM

Post# of 312014
Any estimates on the amount of ill-gotten gains that will be disgorged??

"6. Based on these violations, the Commission seeks the following relief against the Defendants: (i) entry of permanent injunctions prohibiting all Defendants from engaging in future violations of the sections of the securities laws that they have violated in connection with the conduct described herein; (ii) an order requiring all Defendants to disgorge their ill-gotten gains and pay pre-judgment interest; (iii) an order requiring all Defendants to pay appropriate civil monetary penalties; and, (iv) an order barring Bordynuik and Baldwin, respectively, from serving as officers or directors of a public company."
http://www.sec.gov/litigation/complaints/2012/comp22220.pdf

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