Chuck: True statement, however human nature does not change. As long as there is a buck to be made......
Besides, Shupin is small fish in the big scheme of things. The SEC will have zero interest in him. Least of all, who's going to turn him in? You? Unless you recorded the conversation, anything he said can/will be denied.
Shupin tried to run a business. He failed and now it's been returned to Hoffer. Things like that happen. Shupin had high hopes, most likely gave it a fair shot and in the end couldn't make it work.
Having said all that, I'm still curious what will happen to our shares.