News Focus
News Focus
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Chili Palmer

04/23/10 6:03 PM

#310702 RE: Objective One #310701

Do you know what you are talking about? The SEC brought an action against SPNG and its Officers for "FRAUD" along with other serious charges.
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lucky, mydog

04/23/10 6:03 PM

#310703 RE: Objective One #310701

how can facts be false? hummmm. there is similair language in the alleged suit. and that is not language any credible attorney would use. things that make you wonder.

the SEC was hounded with false facts
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patchman

04/23/10 6:08 PM

#310712 RE: Objective One #310701

I wish you actually knew the facts about when the SEC started their actions.

The SEC started their investigation long before I came forward. They had spoken to a broker in Oklahoma back in March/April regarding the forged Pensley letters. They had talked to an informant that showed them evidence of wash sales and hired promoters.

What is great, as I stated before, is that to prove Libel they have to prove that their was a change in perception about the company. Good luck proving that, just look at shareholders to prove otherwise.

That being said, I have all the evidence I need to prove that this is a malicious attack and an abuse of the legal system. We are drafting a response if served that will get this squashed quickly.

I suggest that you shareholders read carefully the NY anti-SLAPP laws, libel laws, freedom of speech laws and the federal laws pertaining to complaints filed with the SEC and the requirements of proof.

Most important of all, they have to prove the SEC charges in the wells notice are wrong before they can claim anything.

Have Fun.