Monday, January 08, 2007 1:36:56 PM
St James Capital is an offshore high risk CD lender, who imo shorts the stock they are giving the CD to. Mike Garrow was on the board of ST James Capital and I believe now is an advisor to St James. GWGO is now at .0001 with 123 Billion O/S, during this whole time they try to reassure the share holders that they are fighting NSS. However in the end imo, the CD holders walk away rewarded, the stock is diluted beyond recognition, the share holders hold the bag at .0001, and for show, they send over Bezzano to appear concerned.
Folks, watch out for this scenario with BKMP, with the CD holder being offshore they go by different laws. Wasn\'t it convenient of Sandy Winick to carry over a $2.2 million dollar CD from the 10000:1 split in 2005 to BKMP? Wasn\'t it also convenient that after announcing a dividend in SNYY/AMSN he told everyone that he is trying to increase the holdings into TFN? Isn\'t it also interesting that right after those announcements he secretly starts diluting over 8 billion shares from this offshore CD into BKMP and that now he pulled the money out on BKMP through a slow sell off these past few months?, imo.
Yes Sandy is shrewd, but his brother just recently was fined by the SEC for $100K w/o admitting guilt to fraud.
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