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SammyTheBull

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SammyTheBull

Re: traveler30 post# 76227

Monday, 09/28/2009 1:26:39 PM

Monday, September 28, 2009 1:26:39 PM

Post# of 76909
I'll check the court documents this week. It's been a while since I've looked. These cases can drag out for a couple of years if not longer. I wouldn't count on restitution as they'll probably find that ECFL/MNTY has no assets and a lot of liabilities.

The pinksheets are getting better. They now require disclosures and financial statements where they didn't care before. But I agree, there needs to be more changes to cut down on fraud. Securities laws were written a long time ago and need to be modernized. But like everything, those that are bent on making money through fraud figure out ways.

"Insanity is doing the same thing over and over again and expecting different results"

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