InvestorsHub Logo
Followers 71
Posts 17411
Boards Moderated 0
Alias Born 08/29/2008

Re: Seminole Red post# 30953

Wednesday, 01/19/2011 7:47:22 PM

Wednesday, January 19, 2011 7:47:22 PM

Post# of 41474
The third Party is the one the SEC went after in their Jan 6th litigation release. $625K (Pagnano's co. proceeds) in both HRNF (formerly WEHI) filings and the SEC litigation release.

Then the guy went and got another 1 billion shares directly from HRNF for $200,000, and sold it for $430,000.

excerpt from SEC litigation against Gendarme:
HRNF, formerly known as WEHI: From March to September 2008, Gendarme acquired WEHI shares from the issuer. During the same period, Gendarme sold more than 6 billion of these WEHI shares for more than $780,000. From March 2009 to March 2010, Gendarme acquired HRNF shares from the issuer. During the same period, Gendarme sold more than 1 billion of these HRNF shares for over $430,000.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.