Replies to post #12431 on Grifco Inc (GFCI)

[back2basics]

"Perhaps there's a misunderstanding but I found the expression "any remaining funds" interesting.. It implies that the restitution funds are being spent or distributed somehow while in the SEC's possession. "

If I understood Kesha correctly, and I'm pretty sure I did, at this time there is no "restitution fund. All assets siezed from or forgited by securities fraud cases goes into an SEC controlled account. God knows how that money is spent. But it sounds like the Restitition Fund is whatever is left.

How's that for American Justice? All the entities that charge against the fund probably keep billing to it for as long as the case lasts. Then the people that are actually hurt by the fraud get any crumbs that are left over.

B2B

[catani]

"I assure you that there's no Victim Impact statement from me and I will not file one."

Interesting
I'm following Fringe for a while now, I just like the actors, and I ask myself if you are some kind of an observer, lol

Seriousely, you are not a victim financially like most of us, and you are simply observing and following this mess for several good reasons?

You simply keep only yourself responsible for bad investment decisions?

Nr 2 is probably typical for the american way to handle it but also not very responsible and very hypocritical, imo of course, and I hope it's the first one.

Any other explanations better stay privat, lol