I have filed several complaints with the SEC about Heartland over the past couple of years and I see that some action has finally been taken. With that said, I am now left with more questions than answers. I'm wondering if anyone can shed some light or point me to some information to get better educated on the subject and any potential legal course of action.
So Heartland has now been 'Revoked' by the SEC. Are there any consequences or proceedings that will occur for them not adhering to the rules? It seems to me like they couldn't successfully take the company private, so they stopped reporting financials and investor information and got themselves revoked, which ultimately got them to their final goal! Great, the SEC has now protected would-be future investors from making the same mistakes as we did, but what happens to current shareholders? Is this the end of the road? Nothing we can do but take a 100% loss while the company continues to operate?
When I invested in Heartland, I never imagined anything like this ever happening. This was and still is a legitimate business with tons of assets. It isn't like they are going out of business and we are losing all our money.... they screwed us out of our money because they are greedy and unmoral individuals.
Any help, guidance, direction is greatly appreciated.
