InvestorsHub Logo

ret

Followers 4
Posts 132
Boards Moderated 0
Alias Born 02/14/2007

ret

Re: None

Wednesday, 04/02/2008 6:40:46 PM

Wednesday, April 02, 2008 6:40:46 PM

Post# of 76394
I believe that I previously posted that quarter ending financials would not be out at the exact end of a quarter. It does take some reasonable time for the accountants to put all of the information together. So, for those that thought that the 3/31 ending financials would be posted on 3/31 or 4/1, give it a rest for awhile. Hoefully, they will be out soon, and maybe with the bombastic news that jessieland referred to.

Additionally, I have asked that in order for me to attempt to engage legal counsel to look into a potential class lawsuit against Jerry and the former management that made all of the fraudulent PRs, I wanted to be able to let any lawyer know the extent of the investments, and potential losses, even if only on paper so far. I realize that ill gotten gains can be the subject of our claim, but I need the figures from the investors. Thus far, I've heard from 12 people. Rather dissapointing, particularly with all of the postings of complaints that many have made, but who apparently do not want to respond for some reason.

And I still need the chronological history being prepared so that I can put all of this in some concise order for any attorneys to review.

Just giving all of you an update, as I've heard from several shareholders asking about a potential lawsuit.