Wednesday, June 05, 2013 2:53:49 PM
Reference: "BAM, to some, may be sketchy. BAM investments were made in good faith. I expect the SEC would let their investments stand. It was described in detail to prospective BAM investors and they did nothing wrong. My expectation is that if there was wrongdoing on JB's part, his shares could be cancelled as if they were never issued."
No no no, you are on the wrong side of the BAM Offering.
Go to the other side, that where John Bourque as President and CEO, with the ok of the BoD at the time, agreed to purchase the private company Borque Alloy Manufacturing.
That transaction has already been reported to the appriopiate federal agency in charge of regulations in this area, in full details I may add as private investigators were employeed at the direction and expense of concerned shareholders.
Now if that tranaction is found to be fraudulent, then ALL shares will be voided, even those of the "BAM investments [made] in good faith.
So, do you see now ?
I still new help in law 101 to ask can a shareholder bring a law suit against private person John Bourque in civil court without needing the route permission of a federal agency ? just asking as this is all stuff i'm uneducated in.
Doug
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