Saturday, June 06, 2015 2:52:45 PM
The US District Court in Utah decided in favor of the SEC in its case against this company's transfer agent two months ago. The complaint in the case showed that the AIMH TA, Whitney Lund, had ensured that millions of restricted shares of a company for which he acted as TA were improperly issued without the required restrictive legend and sold into the market....some by TA Lund himself and some by accomplices with his assistance.
Lund had been in trouble with the SEC before, along with Peter Berney, the purported source of Bruce Barton's shares. Berney, as you know, is well known for his criminal involvement in shell corporations.
I urge you to reconsider this conclusion:
"Clearly the brokers have sold more shares than are actually available."
And instead consider the possibility that, even if the reported total outstanding share count is correct, the explanation for the number of shares reportedly held in excess of the float might be due to the improper issuance of millions of restricted shares....the principle crooks in this company having a history of doing exactly that....rather than some totally unfounded naked short selling theory.
Necessity is the Mother of Invention.
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