InvestorsHub Logo

b4atf

08/27/12 1:36 PM

#70080 RE: CancunCharlie #70078

Good question CC, I know we have some lawyers on the board. I think the shares would come from the MMs but I really don't know. The SEC suit is clear that the purpose is to restore conditions to before the theft from SGCP. SEC plans to restore the lost value to shareholders is what I see in the suit.

I guess SGCP could just buy back shares with settlement money. I just don't know how these things work.

b4

garrox

08/27/12 8:01 PM

#70093 RE: CancunCharlie #70078

If SGCP really got back all those funds, they would have to do a buy back of shares out of the market. IMO

garrox

konshe

08/27/12 9:38 PM

#70103 RE: CancunCharlie #70078

Only way to raise shares value is good for everyone.