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News Focus
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sawdin

01/02/12 3:16 PM

#31470 RE: Deano361 #31464

IMO, if that's what it will take to protect shareholders, so be it. However, I believe they will be removed via shareholder action very, very soon and the SEC will only become involved in regards to charging individuals with committing securities fraud. Hopefully, Michelex will be left alone because the shareholders of Michelex took action to ensure that Michelex was a transparent company that was focused on creating shareholder value.

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thehondomeister

01/02/12 3:31 PM

#31472 RE: Deano361 #31464

I completely understand. However at some point something has to be done with executives that take advantage of their position and scope of duty. Hopefully shutting down MLXO will NOT happen BUT that those that thought they were above the law will be fully prosecuted by the extent of the law!
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harr449

01/02/12 5:44 PM

#31480 RE: Deano361 #31464

AGREE, NO SEC involvement. They'll make our shares definitely worthless, forever.