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Re: La Rouge post# 32281

Friday, 12/27/2013 12:47:41 PM

Friday, December 27, 2013 12:47:41 PM

Post# of 120557

Well the one thing that hasn't dried up is Fairhills Capital, Lance ,2010 R/S, assumed dumping. I'm glad there's no real issues.

IMO, Would be wise for JT'S lawyers to contact the SEC for assistance to straighten out the mess that he was left with. Be good to verify if any of those 2.5 Billion shares liquidated through FH Capital were unregistered, which is most likely the case.

This is possibly what's not fair to JT, IMO:
The company is still the company. Generally speaking, though, the regulatory agency in question will sue the company and old management. Then new management will have to settle with them on behalf of the company. Usually that results in an order enjoining them from committing fraud in future, and the like.

Old management will get the fines, disgorgement, and penny stock bans.
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