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Re: Castell post# 90571

Sunday, 01/16/2011 11:39:34 AM

Sunday, January 16, 2011 11:39:34 AM

Post# of 118239
It is only a 'civil' action because that is all it is. Look at the SEC complaint it clearly states it is a civil complaint.

Why do some think it will only be "civil" imo isnt what RCCH alleges happened to them Fraud (illegal selling of shares - this has RCCH as a victim and also each and every investor a victim?)



If you actually read what you wrote in that question you will see the problem.

"..isn't what RCCH alleges[color=red][/color] happened to them Fraud..."

Do you see the problem?

It isn't the SEC that suggests that any shares were sold illegally, they just claim that legal shares were sold unregistered. That isn't a big deal it is a violation of certain rules that leads to civil action, that's all.

Furthermore, if you look carefully you will see that RCCH hasn't alleged anything. All the hype and spin has been done by board posters.

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