ya, your right... but eeso is not 100% screwed yet...I m just going over the request for relief that I read from a post... again I m no lawyer... but it sounds like the court will order the money back into the shares/company. and there will be a reduction from issued stock...
I hope not to many pple lost a large part of there portfolio... but all I m saying is that I am waiting to hear what happens... which is risky but hopefully will pay off... besides my investment in this company is 50% down...whats the rest anywho... I wonder if Jared goes, will the company fall... I dont believe they do have patients because they dont want anyone to know the "secret formula" if there is one ha haa...
REOUEST FOR RELIEF
WHEREFORE, the Commission respectfully requests that the Court:
A. Find that defendants committed the violations alleged.
B. Enter a permanent injunction, in a form consistent with Rule 65(d) of the Federal Rules of Civil Procedure, enjoining defendants from violating, directly or indirectly, each of the provisions of law and rules alleged in the complaint.
C. Order defendants to disgorge all ill-gotten gains, including pre-judgment interest and post-judgment interest, resulting from the violations alleged herein.
D. Order defendants to pay civil penalties pursuant to Section 20(d) of the Securities Act in an amount to be determined by the Court.
E. Order barring defendants K&L International Enterprises, Inc., Signature Leisure, Inc., Signature Worldwide Advisors, LLC, Stephen W. Carnes and Lawrence A. Powalisz from participating in an offering of penny stock pursuant to Section 20(g) of the Securities Act.
F. Grants such other and further relief as this Court deems just and appropriate.
