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Re: thelonghaul post# 79537

Thursday, 06/25/2009 7:46:11 PM

Thursday, June 25, 2009 7:46:11 PM

Post# of 82105
A CIVIL JUDGEMENT HAS A 20 YEAR STATUTE OF LIMITATIONS FOR COLLECTION. The SEC enforcement division spent years reviewing the Turino, et al transactions to determine how much the shareholders of GBDX are entitled to once the SEC obtained a judgement. The monies will be collected and disbursed to the shareholders by the SEC. THE U.S. DEPARTMENT OF JUSTICE MIGHT BE THE COLLECTION AGENT TO INSURE THE $10 MILLION JUDGEMENT IS PAID TO SHAREHOLDERS OVER A 20 YEAR PERIOD OF TIME. In effect, the SEC is a collection agent for GBDX shareholders. This is how it works. We are entitled to restitution.

What might be next is a criminal action against the same parties.