InvestorsHub Logo
Followers 10
Posts 283
Boards Moderated 0
Alias Born 05/29/2008

Re: pitadog post# 135560

Saturday, 01/22/2011 5:24:00 PM

Saturday, January 22, 2011 5:24:00 PM

Post# of 137667
Dog, your take on the relevant mathmatic distribution profile is 100% correct.

The reality of the situation is that not a single shareholder of RVGD will likely see a penny.

SEC disgorgement history tells us that few, if any shareholders actually ended up with any money whatsoever.

So, regardlesss of what we're going to read about the amount of money that the defendants have been instructed to disgorge, the SEC sadly lacks the level of enforcement capability to ever garner any dollars other than what it initially takes itself for its investigation / prosecution expenses. Sad but true.

It looks good on paper, though!