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Zorax

02/02/09 8:42 PM

#70049 RE: Brad S #70046

The reality is the regulators won't bother with a slub like lumb because he isn't doing any major illegal flags. Not counting not filing, or tax evasion, lumb's little companies aren't even pinking light duty radar. Playing musical shares with his own companies isn't very high up in the sec list I guess. I'll bet you a hunt gold bullion cube that the uranium company is already a lumb listed shell ... MOF, I have seen uranium in a couple of St james connected names ... Why anyone thinks a 2 year RESTRICTED dividend is extraordinary is waaay beyond me. In real companies, a restricted dividend used to be given to mainly upper executive employees sometimes to keep them with the companies, or to set up some sort of corporate control play, etc. It's only in the pinks that restricted dividends are used to blow off all long time common shareholders ...
As long as sheeple are around, pumping for lumb, and sometimes even believing in him, lumb will always play this way. If the sec don't, or wont get lumb for non filing, I only see a slip up by lumb for tax evasion. But that would be slim too.

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