Just exposing the silliness of that chapter and he was the spearhead and connection for Bernstein. Just go back and re-read the pronouncements. Have your shovel close by.
He sunk a crap load of money into this and realized how dumb Megas is way too late.
Like over a million.
He tried to get IBIE returned to trading and was hosed by how messed up it was.
He tried to raise money for Megas and his apartment crap. It backfired.
Todd was hosed by Carlton Huxley for an ungodly amount of money. The last "legal" thing CH tried...aka...you guys gave them $40k in funds which just went in CH's pockets. There was no legal effort that time.
Todd became a money spigot for a bunch of dipwads who are clueless about securities law.
In the meantime, find me a couple of BCIT shareholders who live in New York state.