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Friday, February 19, 2010 12:07:05 PM
What they're doing is attempting to mitigate their potential financial exposure, undoubtedly at the direction of counsel and their respective E & O insurers. The nominal dollars that they might make by continuing to work with RVGD stock
given the circumstances is nothing compared to their potential problems when and if the legitimacy of the significant number of outstanding shares is finally determined.
They're simply being prudent. I would suggest that any shareholder wishing to transfer shares away from their "family" firms suggest that they execute hold harmless agreements as an incentive if nothing else seems to work.
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