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Krysti

07/10/15 8:04 AM

#37833 RE: wilma6311 #37832

The SEC should look at the Medwood 'transaction'

UBRG won't be suspended for delinquent filing, yet.

But the SEC may re-open their inquiries about the Medwood transaction. The lies and half-truths issued when that 'transaction' was promoted should raise questions over the validity, substance and structure of that 'deal'.

If the SEC want to dig further they should look at the coal mine acquisition, and 'agreements' for the sale of coal. It shouldn't take too much digging to show that the entire foray into coal mining was a sham.