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Tuesday, June 05, 2012 9:54:19 AM
As I noted as they are now self supporting and havent been diluting since 2010(Nov 17 PR) they have no reason or even opportunity to violate securities laws mentioned
since the govt only bought 500,000 shares on 1 day -long before Bob could sell shares into the market at the complaints implied pps of 11-19c/where are the ill gotten gains??
other than that there are only the civil monetary penalties -which unless you have an Exxon or BP disaster -are usually small and request to prevent Bob from particpating in [penny] stock issuances-which cwrn has no reason to do and has said many times they will not do.
Directly from the complaint posted in the stickies
"6. The Commission respectfully requests that the Court enter: (a) a
permanent injunction restraining and enjoining the Defendants from violating the federal
securities laws; (b) an order directing the Defendants to disgorge their ill gotten gains,
plus prejudgment interest; (c) an order directing the Defendants to pay civil money
penalties; and (d) a penny stock bar against Cotton. "
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts.
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