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03/06/13 10:22 AM

#82469 RE: cosmiclifeform #82468

FYI - I'm a longtime holder.

Since we've already lost money, can we do something for free?

If they have committed a crime, supposedly, then can't we get the SEC to bring charges? It kind of gets me that things always have to be big to get help. A tornado destroys one house and those people are kind of stuck. If it devastates thousands, everyone rushes to help them.

So the SEC will go after the big issues. Isn't there some service there where a small group of possibly defrauded investors can get some help as well?

Perhaps if we put together the strongest case for which we have irrefutable evidence, and perhaps we read and copy cases already on file to educate ourselves, we can bring this to the SEC and let them do it. I think retaining a lawyer will be tough unless we can show that lawyer there's some money to be had. This might be too long of a long shot to attract any decent lawyers and then of course, 1/3 will go to them anyway. But maybe we should see how far we can get just with our own skillset first. Then perhaps take it around to get some free feedback from some lawyers on their opinion of the viability of the case.

I don't know anything about this other than what I have read from others. I have no idea how some of you have this detailed info about Gannon, et al.

I say we see how far we can get with just our own time used and no expenditures yet. I'd be willing to help with some research.