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Thursday, January 10, 2013 8:20:02 PM
If the officers and directors were US citizens,if fraud is proven,they can be pursued.
The SEC is a failed beauracry with overpaid lawyers who couldn't find a crook if they were being held up on the street at gunpoint.
The fact is lawyers and american reverse merger companies facilitated these reverse mergers - The SEC could pursue these enablers and jail them but they are their own.....lawyers.
There needs to be some protections but the SEC is a failure. Their Miami office is within 50 miles of frauds galore and they can't find them. Why???? Because it would mean they would have to leave their air conditioned offices with streaming porn and beautiful chickies the american taxpayers are paying to "assist" these playboy lawyers.
JMO
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