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Re: mrconcrete post# 19909

Tuesday, 03/22/2011 7:06:35 PM

Tuesday, March 22, 2011 7:06:35 PM

Post# of 22569
I agree. It seems like she is dangling a carrot and remaining quiet while she works with the DTCC to clear this up if possible. I'm wondering if the deal with ENTI was a cash and stock deal and some of Julienne's shares are not in the proper hands. If she did purchase it from ENTI, which according to stockupgirl's DD seems fairly evident, then I doubt Julienne had 1.75 MM in cash laying around. If that was the case, and again this is just me speculating, then a stock deal seems more likely. The company has no preferred so if it was stock it was restricted common, half of that belongs to Julienne. However, it seems odd that the DTCC would take a part in this if that was the case. Normally this would be taken up in court or with FINRA or the SEC, as the DTCC only controls the clearing and deposits of shares and not the legality behind them. And to further complicate things the DTCC states the lock has to do with the 2008 SEC complaint that Robert proved was already closed. It's just a big mess.