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frogdreaming

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frogdreaming

Re: mcokpba post# 105412

Sunday, 04/22/2012 9:25:27 PM

Sunday, April 22, 2012 9:25:27 PM

Post# of 118239
That is an unsupported supposition.

I believe the SEC has correctly named Gendarme et al as the defendants and left RCCH (CEO Gene Newton) as the victim in this case.



Gendarme is clearly the defendant in the case but the victim is not Newton. He was paid in full for the shares he sold. The victim(s) in this case are the RCCH investors.

The SEC exists to protect the shareholders, NOT the companies that prey on them. To pretend that the SEC is defending RCCH in this conflict is an incredible extension of personal self interest.

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