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PRmaniac

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PRmaniac

Re: diamonddavedc post# 13372

Thursday, 12/11/2008 5:47:45 PM

Thursday, December 11, 2008 5:47:45 PM

Post# of 41474
Pagnano already disclosed he may face action from regulators or shareholders in one of his SEC filings before the company got delisted to the pink sheets.

I think he is just taking his chances that they know there is little or nothing to recover. Heck, he doesn't pay lien judgments, a court judgment, or what he owes prize winners....

Some call what these penny stock CEOS sometimes do fraud. Some call it actually stealing. The SEC seems to let them do what they want.
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