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Re: WARRIORofWISDOM post# 577

Friday, 12/30/2011 8:04:12 PM

Friday, December 30, 2011 8:04:12 PM

Post# of 12370
Happy New Year to you too.

I think the question on THIS board is, what's in it for RPTN shareholders? My guess is, absolutely nothing.

As far as "The Mineral King of Wall Street" goes, it this the same guy that had one count under the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C. ? 1962 ("RICO"), one count under the Securities Exchange Act of 1934, 15 U.S.C. ? 78j(b) and Rule 10b-5, 17 C.F.R. ? 240, 10b-5 ("10b-5" or "Section 10(b)"), and seven counts under state common law filed against him?

I believe the above refers to a case involving alleged stock fraud where the investors were given a large share of ownership in the company in exchange for a large amount of cash, then the reverse splits, subsequent sale of new stock and a reverse merger turned that large percentage of ownership into next to nothing.

Do you mean THAT "Mineral King of Wall Street"?

I think Madoff was called a "King of Wallstreet" too at one time. The following is from "Springtime For Bernie." -



BERNIE MADOFF: How humiliating this is. Bernie Madoff. Bernard L. Madoff. [shouting] You know who I used to be? Bernie Madoff, King of Wall Street! Six scams running at once! [softer] Lunch at Tavern on the Green. Two thousand dollar suits. Now look at me! I've been trying to hang myself with a cardboard belt! [tears belt into pieces as orchestra begins to play "Meet the Mets" contemplatively] I remember a time when the only Bull people associated with me was my yacht ...

FRED WILPON: Remarkable, Bernie! How do you do it?

BERNIE MADOFF: [quietly] There are a lot of little old ladies in Palm Beach County...

FRED WILPON: What's that?

BERNIE MADOFF: [brighter] Diversification! So as I was saying, it's quite possible. You could make more money with a team that's a flop than one that's a hit!

FRED WILPON: But I don't understand ...

BERNIE MADOFF: [incredulously] You're going to question the man who gets you impossibly high profits every year?

FRED WILPON: OK, I'll do it!



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