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Re: sc300 post# 29545

Thursday, 09/20/2012 5:28:31 PM

Thursday, September 20, 2012 5:28:31 PM

Post# of 30118
Stanley Wilson resigned from AERN 9/1 which was before the suspension. My understanding is that AERN did a 504 exchange of shares with a NY hedge fund. The SEC went after the NY fund and everyone who did a 504 exchange with them to induce trading. USRI never had any dealings with the NY fund. While AERN is a clear case of a P/D, that is not the case with this stock. Months ago USRI told AERN in writing to "cease" any public communications regarding USRI.


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