News 
Market Data 
Discover
Replies to post #26059 on IJJ Corp (IJJP)
01/28/15 9:15 PM
The whole venture is an abuse of the Section 3(a)(10) exemption from registration and likely massive fraud with false and misleading press releases to pump the stock so that the newly-issued free-trading shares can be dumped. I would not be surprised to see SEC action in this matter.
01/28/15 9:32 PM
01/28/15 10:02 PM
01/28/15 10:08 PM
01/29/15 11:42 AM
Mr. Goulding passed the bar examination and became an attorney in 1978 receiving his J.D. from DePaul Law School. He passed the certified public accountant examination in 1971. Mr. Goulding spent six years with the Internal Revenue Service Audit and Intelligence Divisions, before opening a private tax law practice, focusing on income and estate taxation and planning, securities and litigation. His litigation experience included practice before the United States Supreme Court, Illinois Supreme Court, State Court, Federal District Court, the Seventh Circuit Court of Appeals, and the United States Tax Court. More recently, however, Mr. Goulding’s practice has focused more on SEC and investment related matters.
Mr. Goulding is a former Internal Revenue Service agent and Intelligence Division Special Agent. He received special commendations for his efforts, saving the Internal Revenue Service substantial sums for his design of new internal audit and accounting procedures and controls for the Intelligence Division’s Special Operations. His Internal Revenue Service functions also included television and radio appearances. Crain’s Chicago Business Magazine featured an article on the “Goulding Report” reflecting consequences of investments in solar and other renewable energy sources. Mr. Goulding received a business administration degree with a dual major in accounting and finance from the University of Illinois.
Since 2004, Mr. Goulding served in multiple capacities as an architect of equity investments with Chicago-area investment and financial consulting organizations.His specialty has been negotiating and structuring PIPE (Private Investment in Public Equities) transactions for investment companies and private investors.
Mr. Goulding is very involved with charitable endeavors. In October 2003, he was voted “Humanitarian of the Millennium” by One Church One Family. Other notable recipients of the award included Joseph Cardinal Bernadine, Federal Judge Abraham Lincoln Marowitz, Jesse White and President Barack Obama. Mr. Goulding is a personal friend of Father George Clements of the Chicago Diocese, and is a substantial contributor to, One Church One Family. He has also played a key role in bringing these and other charitable endeavors to the US Virgin Islands.
“This approach to criminal liability effectively outlaws apparently innocent conduct of lawyers in protecting client confidentiality.”
“An attorney’s duty of confidentiality to the client requires that legal services be performed in a manner which prevents incriminating disclosures, where there is no ongoing criminal activity. Compliance with that duty cannot “defraud” the IRS.”
“The Seventh Circuit Has Taken the Fraud out of the Defraud Clause. Its Standard Jury
Instructions Fail to Require Any “Purposeful Misrepresentation” or “Dishonesty” for an 18
U.S.C. § 371 Conviction. Such a Broad and Distorted Use of 18 U.S.C. § 371 and 1341 Denies Due Process.”
“The Seventh Circuit’s jury instructions for 18 U.S.C. § 371, criminalizing apparently innocent conduct by not requiring [a wrongful intent, is in] conflict with eight other circuits.”
“The induced conduct lacks knowing participation in a criminal conspiracy—defendants [which also includes the attorney I engaged to assure compliance with the law] consistently encouraged [the undercover agent to comply] with the law.”
“The government’s crime fraud theory is flawed—the client proposed no future crime or fraud; there was no misrepresentation or any other element of fraud—the ethical prescriptions of the legal profession require that lawyers perform services in a manner which preserves such client confidences.”
“Standard Seventh Circuit instructions defining “willfulness” as “avoidance” improperly facilitate conviction for apparently innocent avoidance conduct.”
“This prosecution has the appearance of retaliation for Goulding’s exercise of first amendment and other statutory rights.”
