Cooler,
Thanks for the education. To be perfectly honest, I am green when it comes to the stock market and when I was informed of the "subscription" I did not know that it was something that was being offerred to a select few. I thought it was something that everyone could take advantage of as long as they had the money.
I'm not looking for sympathy, quite frankly I am looking for revenge and if I can generate an investigation by the SEC or FINRA (did I get that right?) I will be more than happy.
I don't know if I have any legal recourse to sue my "friend" since he knew I had never invested in stock and knew nothing about it. He led me to believe that he had invested heavily in SCRC and I am guessing that I could subpoena his brokerage records if I filed suit.
While paging through my text messages, I noticed that the SOB used his wife's phone and on 5/19/15 he asked if I was interested in purchasing shares of CTTC at a discount, with the 6 month restriction attached. I didn't take it since I was wiped out. Two months later I had a pretty good idea I was taken for a ride and about two months ago my good friend turned me onto this site.