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sublime

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sublime

Re: frankie_fillet post# 487

Tuesday, 12/05/2006 4:42:56 PM

Tuesday, December 05, 2006 4:42:56 PM

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spoke to C. Joshua Felker,Assistant Director SEC Division of Enforcement(202) 551-4960 today.

bottom line....the SEC case is complete...ill gotten gains have been demanded from Doherty and Fiessel but sec says it usually takes a long time to actually get the money.

as for shareholders.... the sec can decide the amount of money is substantial enough to cover administrative costs of a fair something payout to shareholders who were taken by this scam. however, i doubt that will happen in this case.

shareholders have no recourse with SEC.....the money will ultimately goes to US treasury.

done deal.



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