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beeboymama

09/12/07 7:33 PM

#9742 RE: janice shell #9741

That's what the SEC wanted, the SEC knew the deadline for removal of the "GRAND FATHER CLAUSE" is Oct 15, 2007 so the judge rust to appointed a receiver to take over. As my knowlege, the company's CEO still have chance to appeal, he can appeal to the Appellate Court, and the supreme court for the case.