Monday, August 11, 2014 11:57:50 PM
http://www.sec.gov/litigation/suspensions/2014/34-72177-o.pdf
No where in this document does it mention fraud. It states they take issue with the "accuracy and assertions" with the financial health of the company. But where does this rise to the level of fraud? And if fraud where here, again.. no charges ...
I mean really.. The example provided was about someone without a real business with no product and their aim was to defraud people of their money. Dittmann could have just sold 2 million shares at 8 dollars per share and no one could have stopped him... No second guy... No reason... He could have just dumped the shares and cashed out and left everyone holding the bag.. It didn't happen...
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