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PRmaniac

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PRmaniac

Re: Seminole Red post# 32817

Wednesday, 02/02/2011 8:15:12 AM

Wednesday, February 02, 2011 8:15:12 AM

Post# of 41474
Will HRNF have to disgorge(return) the $815K proceeds they got from Gendarme for the warrants/shares sold illegally by Gendarme?

The SEC investigation revealed most shares were sold by Gendarme almost immediately. HRNF may be worried about the SEC action because they may have been made aware of Gendarme trying to remove restrictive legends on the shares and allowed this to continue.
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