He wants a clean shell is all he wants. He does a share recall, but DTC says, "sorry, there is a share imbalance...no fixy, no trady." Imbalance equals Pino shares introduced + NSS dumpage your brokers who sold to anyone who wanted them. His choices are:
1. Issue shares to cover imbalance, diluting the co. into oblivion.
2. Some other drastic action. I guess we are experiancing that now.
3. Walk away.
1 and 3 leave us nothing. 2 at least there is hope.
Where does it say he's suing all the shareholders (in bold print, link below)?? Did you receive fake share from pino? Did you mail those share into your broker knowing they were fake share and have them sold into the open market?? Read the bold print in this post, it clearly states who they are charging. Right now it appears that they pulled the shareholders record from all shareholders that owned this from the approx time the fake share were deposited and the halt. I would assume all the names on the list are considered suspect and would need to show that they purchased the stock through a broker in the open market and did not mail the certs in which would indicated that they possibly got them from Pino.. They are using the shareholders to weed out the crooks.. JMO
News 
Market Data 
Discover 
AI
