Grifco Inc (GFCI)

[back2basics]

After making the post about the criminal's lawyers having appeals to the convictions lined up, I got to thinking that if they are able to appeal their convictions it would be yet anther huge failure of the DOJ.

I say this because of the basis of the convictions. In accepting the guilty pleas, the Court agreed to dismiss all charges aginst them except for their original criminal act, which was the lies in the March 2005 PR and conferance call.

March 2005 was just the first public step on a trail of lies and deciet that were intended to commit securities fraud. It's hard to imagine all those charges were dismissed without stipulating that they could be brought up agian, in the event of appealing the charge they were convicted off.

But hey! The DOJ has done a lot of things that are hard to imagine.

B2B