Replies to post #53159 on Supatcha Resources Inc. (SAEI)
12/14/10 7:54 PM
12/14/10 7:56 PM
12/14/10 8:07 PM
We further wish to clarify the nature of our prior communications with Supatcha. Our communication with Supatcha has always been limited solely to emails. We have never once spoken with management in person or over the phone. All of the information we have provided on our website, blogs, and on message boards has been gathered strictly via the internet, third parties, and from press releases issued by Supatcha. We never received any prior knowledge of insider information that would have affected our opinions concerning this company in the past or present. Nor did we believe this was a fraudulent company when we signed our Consulting Agreement with Supatcha. If we had, we would have never been involved.
12/15/10 1:42 AM
12/15/10 6:57 AM
In closing, we feel that we have been duped by Supatcha just as many of you feel you were, and we will gladly testify in court as well as provide all information to the proper authorities if and when it is needed.
Sec. 922. Whistleblower protection.
(b) AWARDS.—
(1) IN GENERAL.—In any covered judicial or administrative action, or related action, the Commission, under regulations prescribed by the Commission and subject to subsection (c), shall pay an award or awards to 1 or more whistleblowers who voluntarily provided original information to the Commission that led to the successful enforcement of the covered judicial or administrative action, or related action, in an aggregate amount equal to—
(A) not less than 10 percent, in total, of what has been collected of the monetary sanctions imposed in the action or related actions; and
(B) not more than 30 percent, in total, of what has been collected of the monetary sanctions imposed in the action or related actions.
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