Replies to post #7759 on SOHM Inc (SHMN)

[FM_01]

He plead guilty and his sentencing was scheduled for Oct.2014. There is no record of a sentence. He is a first time offender and the way the deal went down looks potentially that he was provoked into the deal by the agent. Shailesh was merely attempting to sell shares to a company apposed to selling shares to the public and damaging the PPs. ( Looking out for his investors if ya ask me ). When offered by the agent to give him a personal kickback Shailesh may have accepted not knowing it was illegal. The Judge more than likely saw that this was the first and only offence Mr. Shah ever had and more than likely handed him a fine and A suspended sentence. If you read the filings you will see that Mr.Shah has not lost any privileges in the handling of shares. Only that he was convicted.

Mr, Shah has been an active rotary member for a number of yrs and continues to be active. Here is a recent pic of Mr. Shah at a rotary meeting back in Feb. ( kinda hard to be at a Rotary meeting of your locked up? )


https://www.facebook.com/photo.php?fbid=10205761665181935&set=a.2261401375600.132918.1265409406&type=1&theater

http://bprotary.org/members/



If this was a big deal the SEC would have stopped trading on SHMN a long time ago.

When a Corp exec is prosecuted involving any significant jail time, with correspondence to the FBI, the sentencing is Posted here on this site. So Obama and the FBI can pound their chests stating what a wonderful job they are doing.

http://www.justice.gov/usao-ma/pr

If you go back to Oct. you will see there is no significant sentencing listed Involving Mr. Shah. So the implications of being a first time offender and The company having every other business aspect involved working in harmony with the SEC reg. It would leave the probability that Mr. Shah was only sentenced with a fine.

[FM_01]

Here is a similar case. Just so you know simply because someone commits a crime does not mean they will be handed the max. sentence. Here is a sentencing of a very similar case, but like I pointed out Mr. Shah's case was so infinitesimal that the sentence was not even posted here.

New York Consultant Sentenced For Securities Kickback Scheme

BOSTON – A business consultant who assisted public companies find financing was sentenced today in connection with a kickback scheme.

Barry Hawk, 46, of Woodmere, New York, was sentenced today by U.S. Senior District Court Judge Mark L. Wolf to 36 months of probation, the first six months to be served in home confinement, a fine of $20,000 and forfeiture of $12,150. In December 2014, Hawk pleaded guilty to one count of wire fraud.

[imgoingfishing1]

that was over a year ago n its a lie to use the word WENT,,, unless you have some DD that ive not seen yet?

could you post it?

ive done the DD on the CEO being charged, im have not even found what he plead guilty to back in Oct.

[imgoingfishing1]

I`m using this Drop .009 to .0002-3 to Buy

yes the pps Dropped on the CEO BS

which has nothing to do with the Value of the company,

dropped to far to fast RubberBand Bounce Expected,,,

SHMN is About is this a good Buy @.0003-.0009 range?

should this Bounce back to .002`s

will .002`s be a steppin stone to .005-.009 Range?

Dec. 2013 O/S 496,063,404

2013 INCOME $1,959,891

Assets $4,435,921


Sept 2014 O/S 559,922,37


SHMN Chart