Replies to post #1994 on US Global Nanospace Inc (USGA)

[Pres1ton]

First, it's a popularity contest. He has to feel like he is representing a group of victims and the more victims the better. If he decided there was value - to his career - to fight the good fight he could ask the BK court to move the shareholders in front of any monies owed the management team. The judge would not likely move us infront of the bank judgment, TIAX or any other legitimate claim. The good news is that the management team must feel they are still going to get paid out of this or they wouldn't have filed at all. So if they were moved behind the shareholders they would logically be moticated to make sure the shareholders received fair value for their shares.

[wacalahan]

qqbmed:
The SEC, like all government agencies, must live within their budget, and they will only pursue those cases that will reward them politically the most. Therefore, a penny stock like USGA will receive an appropriate investment of time and money. Look what they did with the Robinson fiasco.
Of interest, the PPS in today's market is up (0.005/shr) so someone must find value in ALTI to buy share being sold. Wonder why? Perhaps Pres1ton might have an idea why.
W A Calahan