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Re: TeamPlayer post# 164484

Sunday, 06/20/2010 2:08:12 PM

Sunday, June 20, 2010 2:08:12 PM

Post# of 169274

why was he RPH willing to put $2 billion of treasury checks into the company



How does a pennyless hick own $2 Billion in Treasury checks? Oh, he does not own any treasury checks. At best, he might be able to lease some treasuries, which can only be used as collateral enhancement.

Actually, the BIG QUESTION, is why didn't the SEC give the OK for this unquestionable funding???



The Securities and Exchange Commission does not approve or deny operations. They only fine and in many cases, prosecute for securities fraud.

Where are the SWIFT copies showing the securities were blocked in favor of Conversion Solutions? What bank is the company's institutional account located at? Who was the bank's compliance officer? Did you ever send MT999's to the sending bank asking to verify these bonds/MTN's in advance?

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