Jim, In your opinion what will be the punishment? If allegations are proven then what? Where will SLJB go? You already know how I feel about this company!
Your reply: Sent By: Jim Bishop Date: 12/31/2006 11:23:19 AM
Sorry just saw that post now. You should post directly to a person so it shows up in their mailbox if you want to make sure they see the post.
I don't read the whole thread.
I suspect the OSC will extend the Cease Trade Order in Ontario, or make it permanent.
I suspect civil suits will be brought against Petar, Devries, Steve Sulja and the company in both Canada and the US.
They will be barred from being officers of public companies, they will have to disgorge illegal profits and fined and charged interest.
The company will probably settle with the SEC without admitting guilt and pay a small fine and it'll keep on trading.
Just guessing based on what I've seen happen many times in the past. This all can take months to years to resolve though
Do you still feel the same?
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