Velatel Global Comm. (fka VELA)

[pennymonster1]

The latest ruling against SEC does not affect the current Ironridge proceedings. 3-4 circuits have ruled in the SECs favor, including the circuit applicable to Ironridge. The 10th is the first one and SEC may request an en banc (I think that Is what it is called ) where all circuit judges would have to vote since ruling was 2-1. The only way this affects Ironridge is if this goes to the Supreme Court and ALJ is ruled unconstitutional which I believe they have been reluctant to take on these cases in the past.