InvestorsHub Logo

jking1999

07/29/07 9:43 AM

#8573 RE: gail #8569

only1gail: The court's future rulings in this case are incredibly important. First, there is the regular court's rulings on the SEC's motions for putting USXP into receivership due to the company's (RA's) failure to meet the fine the court levied against the company and the contempt charges.

Then there is the appeal of the lower court's ruling which who knows how long that will take. The available evidence shows that so far all that has happened is that a notice of intent to appeal has been filed. They haven't filed the actual appeal yet as far as anyone can tell. They have until about August 6th to file the actual appeal, or their right to appeal expires.

RA has been good at putting out PRs in the past that at least initially peak buying interest, so I can't say he won't be able to do that again, but he really, really, really needs to start winning in court or else...