InvestorsHub Logo
icon url

matoutus

03/25/12 6:25 PM

#42117 RE: common_cents #42115

If the SEC fines Exto $500,000 dollars in the civil case ....the new owners ( the Porters) are indemnified by the previous owners who they bought the shell from ....if there are underlying fundamental problems in say the SS ...yes Bayport would have to address those issues ....
icon url

Sheeple O Plenty

03/25/12 6:31 PM

#42122 RE: common_cents #42115

Thats true, they do need to address the issue, but from reading Anvil's uploaded case docs, it appears that the SEC is asking the courts to order EXTO to no longer break the law.

If I was them that would be easy to agree to as there's no freakin way I'd go to jail for a stupid stock.