![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Sunday, August 10, 2008 5:25:46 PM
If theere were serious doubts about the distribution the distribution shouldn't have been approved or the stock shouldn't have been tradable. As it stands someone is making big profits off the shortfall by selling CTBG to those looking to cover.
In substance it's as if those who sold CTBG shorted the shares and are now forced to cover the short postion. As I recall it's illegal to short a pennystock.
Soemone in the chain of distribution is responsible for gross negligence which have caused a lot of innocent people to experience financial & psychological distress.
Either the DTC, Transferonlie, and GFCI should pay for damages beyond the financial loss. I would think there would be a law firm specializing in class action that wuld take on this case considering DTC and certain brokers are involved.
They can also pursue a civil/criminal action against JD for numerous breach of responsibility as CEO of Grifco starting with issue himself millions of shares and supervoting shares to unilaterally take over the company. Then his losing of GOTL and GOT, using GFCI assets to acquire gas wells. List goes on.
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM