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Re: tjfitz post# 1448

Thursday, 07/03/2003 3:39:53 PM

Thursday, July 03, 2003 3:39:53 PM

Post# of 3329
tjfitz, as an average, a SEC investigation can go between 2 to 2 1/2 years, depending on the complexity of the case. I believe both the company and their directors are being investigated, not only by the SEC, but also by the FBI and the DOJ. Apparently, many aspects that we are not aware of in detail, but that may involve transfer of assets to off shore bank accounts and investment companies, as well as connection with money loundering and South American ventures are also in the play. It is, in my opinion, highly improbable that Loch will be able to dissolve before all investigations are complete.

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