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Re: bob smith post# 59807

Saturday, 02/18/2012 3:34:49 PM

Saturday, February 18, 2012 3:34:49 PM

Post# of 72136
It's not surprising that the SEC (or FINRA) haven't taken action, yet. During an investigation, they will say nothing. You learn of the outcome when they are finished and release their findings/ruling. These investigations can take a considerable amount of time, especially if they go beyond the obvious frontmen and delve deeper into how these scams are run.

Do I personally know if MDGC is about to be shut down? No. But I believe that if they are investigated by the SEC or FINRA, they will absolutely be found out to be the fraud that everyone knows they are. And appropriate action would be taken.

In the absence of any regulatory action in the near term, it is still quite obvious that nothing has been rolled out in Boise. The BOISE PROJECT is still the same hoax it always was. So it should be clear to all that Val/MDGC has been lying to investors all along. This is just the latest failure to deliver, in a long history of such deceptions.