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Re: traveler30 post# 76828

Tuesday, 07/05/2011 11:00:35 AM

Tuesday, July 05, 2011 11:00:35 AM

Post# of 76909
The SEC doesn't just walk away from judgements. If the defendants ignore the jugement, the SEC will file a motion for contempt of court. If the judge grants the motion, an arrest warrant will be issued and they'll be jailed until they pay or show the inability to pay. Unfortunately everything takes time. You probably won't see anything on the docket until they file the contempt. It could be next week or next year.

I'd contact the lead SEC attorney for a status. In the past, I've found them to be responsive by email.

Whether you guys see any return of your investment's a different story. My guess is that these guys blew through a lot of the money.

Insanity is doing the same thing over and over again and expecting different results

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