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janice shell

12/19/13 3:01 PM

#56197 RE: 1manband #56196

Yes, and it's also obvious--from the continued "anti-dilutive convertible preferred" nonsense--that once King writes his playbook, he doesn't like to deviate from it, even if his wonderful ideas aren't working out well.

And on another note:

http://www.sec.gov/litigation/litreleases/2013/lr22892.htm
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janice shell

12/19/13 3:18 PM

#56198 RE: 1manband #56196

Something else that's mildly interesting: Riad's fakes were a type of security that was never sold to individual. The real 1934 gold certificates were designed for, and sent to the Federal Reserve Banks when they were required to surrender their physical gold. (And of course they had a much lower face value than Riad's examples.)

The Treasury strip described is also something not available to retail. So...
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Realityhurts

12/19/13 4:35 PM

#56204 RE: 1manband #56196

Riad seems to be determined to go to prison for either selling counterfeit bonds, or, misrepresenting and selling fraudulent securitized notes that have no value. If, he is the one behind it.
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janice shell

12/19/13 5:20 PM

#56209 RE: 1manband #56196

And what is this about?

http://www.sec.gov/Archives/edgar/data/1533311/000147793213006092/olie_ex105.htm

Sequoia Management is related to Settlement Management.