Replies to post #79133 on World Surveillance Group Inc (fka WSGI)

[vkoenig]

"...Lienwand is one of this country's premier corporate counselors." Say what???? It appears he hasn't done much in the way of keeping them from getting sued. The best legal advice he could give GTEM would be; "Pay your bills so you can avoid legal entanglements."

....of course, everyone who enters into the sacred halls of GTEM has 'impeccible credentials' and top men in their field.

...they also know when to bail out, too!

[futuristic4stocks]

Scion,
"I wasn't aware he could "extend accountability to a few people beyond himself"

Based on that statement, you obviously need to familiarze yourself with SOX rules and regs.


futuristic

[nerd86]

S_O_G you read what you choose that's not what I wrote. He will be responsible as would any other signor. However he wasn't present during many of the reporting periods so I would assume he has drawn up agreements that would produce penalty payment for errors in the restatement. In other words accountability.

You can extend accountability to anyone willing to sign for it. It does not absolve anyone.