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Re: JPetroInc post# 125860

Saturday, 02/18/2017 8:38:34 PM

Saturday, February 18, 2017 8:38:34 PM

Post# of 130502
According to court filings on SCROLL Sason, Magna et al. are under federal investigation by the SEC. This may explain the last year and a half of oddity. It would also suggest dilution remains off the table, and silence ought to continue.

How do companies who have been illegally diluted unfold from criminal activity? You can't cancel the shares no longer possessed by the criminal parties. But of course, it might cancel the debt, overhang, and monkey on our backs. It's blatantly obvious wrongdoing has occurred. The question is how far will the SEC be able to go and on what time frame. Hammer or slap on the wrist? And is the company a victim or party to the scheme as well.