The real truth is,...
Friedland supplied the opinion letter that was given to OWC.
Your post leaves out the other information that totally spells out that OWC is clear of any wrongdoing.
"OWC provided an attorney opinion letter to OWC’s transfer agent from a disbarred attorney in connection with the issuance of OWC’s stock to Global."
the rest of the facts,..
(from the SEC Complaint)
45. In order to sell his restricted shares in the public marketplace, Friedland needed to have OWC’s transfer agent remove the restricted legend on Global’s 5,134,375 shares.
46. Friedland provided (key word) the transfer agent with a purported (another key word) attorney opinion letter that included inaccurate information about Global’s acquisition of OWC stock and misleading information about the connection between Friedland, Global, and Lane 6552. The letter was signed by a disbarred attorney.
It was Friedland who PROVIDED that opinion letter.
It was Friedland who hired the disbarred attorney.
It was Friedland that supplied the inaccurate information so it appeared to be a legitimate transaction.
It was Friedland that set up the bogus accounts to fool the T/A and Broker.
Was any criminal activity cited in the SEC Complaint ?,...NO !
Nothing, no criminal actions to do with OWC.
(from Merriman-Webster Dictionary)
Purported; appear or claim to be or do something, especially falsely; profess.
synonyms: claim to be, profess to be, pretend to be;
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