"He churned out bogus opinion letters" "the transfer agent would rely on his letters and issue stock certificates without restrictive legends."
Well then maybe us QASP Shareholders can get their money back from this FRAUD ?
Quote: Czarnik served an essential role in these illegal offerings. He churned out bogus opinion letters predicated on the Promoters' alleged representations to him that they are buy-and hold investors. In fact, Czarnik knew that they had no intention of holding the stock, but that they intended to nationally advertise the stock and quickly dump their shares into the public market for millions of dollars. Czarnik knew or was severely reckless in not knowing that the Promoters intended to distribute the stock to the public and that the transfer agent would rely on his letters and issue stock certificates without restrictive legends.