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Re: brsox post# 3698

Friday, 04/19/2013 11:37:08 AM

Friday, April 19, 2013 11:37:08 AM

Post# of 3956
The difference is that Apple didn't say it was available until it was available. Read the judgment against David Otto - it spells out why what they have been doing is illegal - here's an excerpt and the link to the whole case:

However, the SEC alleges that MitoPharm's products were not "available" as advertised and were still in the developmental stage. Full-color photos featuring beverage cans and pill bottles were only mock-ups of non-existent products.

http://www.sec.gov/litigation/litreleases/2009/lr21126.htm

And Otto is the guy whose just-out-of-college employee is the VP of operations for KLDO, and whose office address is exactly the same - down to the suite number - as KLDO. And you're saying "no worries here"?

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