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Posted On: 01/02/2020 5:55:39 PM
Post# of 15624
Per a phone conversation with the SEC. There will be a ,” money distribution discussion,” at the SEC level and then that will go to the courts for approval or non approval. The likely hood is that shareholders will be receiving the 6 million he was fined. This could take 1-2 years to decide how to fairly distribute the 6 million and get approval from the courts. This is not 100 percent that it will go back to shareholders, but is “ likely “.
I guess we sit back and wait for more information as it arrives.
I guess we sit back and wait for more information as it arrives.
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