Saturday, April 06, 2024 3:39:15 PM
You may want to reread the Caledonia case, the underlined is completely untrue. O'Flynn was the one that dumped them without a proper registration statement, not Calasse. O'Flynn filed a fraudulent S1 so it seemed that everything was kosher.
The bold is also untrue. Unlike Sharp, Calasse filed a Form 4 to register his shares. In the eyes of the SEC, he had done everything necessary to prove legal ownership of the shares.
The truth is never popular.
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