Replies to post #31272 on Cross Atlantic Commodities Inc. (fka CXAC)

[insureman]

lol, you may want to provide a link when you throw out something as big as that. But to answer you, no, they didn't.

Here's an excerpt form the article...

"An Orlando federal judge has issued a temporary restraining order and frozen the assets of two companies that allegedly sold billions of shares of unregistered stock that generated some $7 million in alleged illegal profits.

In a news release issued on Monday, the Securities and Exchange Commission said it obtained emergency relief against Stephen W. Carnes of Apopka, president of Signature Leisure and managing member of Signature Worldwide; and Lawrence A. Powalisz of Winter Park, sole officer of K&L International Enterprises; as well as Jared E. Hochstedler of Fort Wayne, Ind. and Enzyme Environmental Solutions."

[mc6102]

CXAC IS NOT listed as a defendant in the PR today you mentioned (below) their assets are not frozen. The defendants assets are frozen, pending them trying to work something out.

FYI - the defendants are not accused of fraud, they are accused of registration violations.

http://southflorida.bizjournals.com/southflorida/stories/2009/09/28/daily10.html?ana=yfcpc

[firebag1]

read the bloody pr
sheeeeeeeeeeeeeeeesh u guys figure this out already
nooooooooooooooooo
cxac did not have its assssssetts frozen
they did nothing wrong
imo