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Calissio Resources Group, CRGP
Posted On: 06/22/2016 10:06:02 PM
Post# of 11039
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Posted By: nwar
Re: misiu143 #9739
I think COR may send friendly or unfriendly letters to shareholders. Friendly, playing victim and asking for the devolution of the money. Unfriendly, threatening to sue if money is not returned.

And that's it. Don't think they may attempt to sue shareholders. If they sue, we could respond by suing them for defamation, harassment, going after unrelated 3rd parties, inappropriate use of the confidential information they are getting with the subpoenas. Maybe also for dumping shares into the market without the appropriate validations and controls.

Note that the attempt against shareholders already failed when the judge denied the appointment of a receiver "because the action was too broad". This was done by the judge, precisely, to protect shareholders.

Also, don't think COR has a case against brokers, neither against DTCC. They followed the rules and did their job. Only one who didn't was COR.

Nevertheless, we have to be prepared. Working together is key in case they attempt something.














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IMHO

Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.



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