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Tuesday, September 17, 2013 12:20:24 PM
This week marks the anniversary of Herzog's posting of an utterly false "compiled" financial report to OTC Market claiming $179.5 of cash and $88 million of net income earned from thin air. This was just one episode in BGMO's securities fraud conspiracy run by Hillard Herzog, Sohail Parekh and their friends.
Herzog stepped over the line with this one, ensnaring a real accounting firm and a slimy lawyer in the caper, and putting their businesses at risk. No surprise they ratted him out to protect their asse(t)s.
The SEC has now very effectively shut down the shares. The only reason to stick around is to learn answers to the many unanswered questions and make sure the coffin nails don't loosen.
Keeping one eye on this, but otherwise adios.
Everything I post is my personal opinion.
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