Let's have Charlie respond to this:
SEC rules apply to everyone. Period.
The communications that were sent via email were outside public access. That means that there is a lack of transparency. This does violate SEC rules for publicly traded companies.
To all other stockholders:
Please examine the BK rules and procedures. That will not be terribly enlightening but it is a start. If anyone knows of people who are involved in BK (presumably as former or current trustees, attorneys with BK experience or accountants with BK experience) you should be able to shed light as to whether or not we were experiencing best practices from CG.
If CG is deficient in any way then we, as shareholders, have a right to complain.
One might ask to whom?
Answer: the Chief Administrator of the Federal Courts. John Roberts who was recently named, confirmed and sworn in as Chief Justice of the United States Supreme Court.
The flimsy nature of this whole mess should be brought to light. Seriously, a minority stock holder and minority debt holder bringing about BK? Give me a break. This is so ridiculous that it would be laughable if it were not true and had real consequences for the rest of us.
When we get enough information we should consider filing a complaint with CJ Roberts and do what we can to make CG and WD miserable via lawful and ethical due process.
