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Re: mcokpba post# 108561

Friday, 07/26/2013 1:44:15 PM

Friday, July 26, 2013 1:44:15 PM

Post# of 118239
You have provided a long and convoluted exercise in nonsense.

The pertinent word in the phrase is not 'acquired'.

My comment – Declaring something clear does not make it clear. We have debated what the verb “acquired” means for weeks. The SEC complaint “clearly” used the verb “acquired.” What they intended it to mean is subject to debate.



The key is 'from the issuer'.

As in:

From September 2008 through January 2009,
Gendarme acquired RCCH shares from the issuer. From September 2008 to June 2009, Gendarme sold more than 2.1 billion of these RCCH shares for more than $210,000.



If Gendarme, as you infer, acquired the majority of the 2.1 billion shares fraudulently, then they would have been acquired 'from' an alternate source, not from the legitimate issuer.

There is no way to parse the phrasing of the SEC complaint in any way that avoids the documented claim of the SEC that Gendarme got all their shares from RCCH.

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