InvestorsHub Logo
Followers 32
Posts 5103
Boards Moderated 0
Alias Born 10/02/2008

Re: loanranger post# 106709

Wednesday, 02/22/2012 4:15:46 PM

Wednesday, February 22, 2012 4:15:46 PM

Post# of 111214
You are right! Shareholders don't bring lawsuits. The SEC action here will probably not help us either. I just don't believe the SEC will allow the current "plan" to proceed. In effect management is prepared to steal our money a second time. No one who bought shares for any price (above 0.0001) will simply turn them back to the company. I've hear of "share buy-backs" by lots of companies. This one is rather unique, however (and smells rotten to the core) IMO.

Good luck to all!