A letter sent today to the SEC from our Chairman o
Post# of 56323
From: John Germinario <john@globalssintl.com>
Date: May 20, 2014 at 7:33:33 PM GMT+2
To: "franke@sec.gov" <franke@sec.gov>, "schockl@sec.gov" <schockl@sec.gov>
Cc: "whitemj@sec.gov" <whitemj@sec.gov>, "ceresneya@sec.gov" <ceresneya@sec.gov>, "aguilarlu@sec.gov" <aguilarlu@sec.gov>, "gallagherda@sec.gov" <gallagherda@sec.gov>, "steink@sec.gov" <steink@sec.gov>
Subject: The Decimation of an Industry
Reply-To: John Germinario <john@globalssintl.com>
Dear Agents Frank and Schock,
I am writing this email to express a firm disagreement with the Commissions handling of the OTC markets regarding the Marijuana traded equities. I and my team of Whistleblowers are overwhelming appalled with the Commissions shot gun approach of decimating the capitalizations of legitimate shareholder values of company's by a submission of a broad based investor alert by the commission. It has resonating effects on the entire industry which include companies that are not involved in the investigations. The commissions approach to suspend trading activity in companies that are perceived, targeted or evidenced by criminal activity should not be suspended which destroys the investment of legitimate shareholders but to aggressively hold these perpetrator(s) accountable and prosecute those individuals to the full extent of the law.
As a Financial Securities Fraud Examiner and Registered Whistleblower with the Securities and Exchange Commission on Bank Fraud, Systemic Money Laundering, Global Bribes, etc., and if the similar method of suspension that the Commission has implemented on the Marijuana Industry Company"s then the Commission is long overdue in taking action and suspending the trading activity for ten days for The Bank of New York Mellon, JPMorgan, Citibank and Deutsche Bank as perpetrators of the above Fraud as described in my Whistleblower Claims for the past NINE years and without any action taken by the Commission. The combined Fraud by these banks is insurmountable and losses to global investors are decades long and in the many hundreds of billions of dollars which still continues today.
While I am not a proponent of the OTC markets, it is the least resistant means of public trading in the United States Capital Markets and represents an opportunity for securities fraud to exist however, the targeting of Marijuana based investments as described in the Commissions recent submission to investors has unilaterally fueled paid stock bashers and other fraudulent activity to further exacerbate the demise of company's and investor values for self profit. The investor alert targeting the Marijuana industry has caused my company's share price unjustifiable reduction of over 50% in a few days. This is unacceptable!
I have accepted the Chairman of the Board position of Creative Edge Nutrition primarily for the purpose to help guide the company and support the development of medical marijuana in a variety of applications that are unconventional and provide a natural alternative to very commonly used intrusive drugs that are deemed legal today. During the past 5 weeks of my appointment as Chairman, I have uncovered a serious level of securities fraud from the help of current shareholders of several of the industry's company's of which my team is preparing Whistleblower claims to be submitted to the Commission.
For the record, I am not or have I ever experienced first hand marijuana, nor have I ever smoked cigarettes and I do drink a beer occasionally,but I will not criticize those who do. For those who do not believe in the development of natural alternatives such as marijuana for medical use have never experienced a loved one lying in a hospital bed suffering from terminal cancer and feeling helpless that the only source of comfort you can provide is that of the toxic and synthetic forms of relief until the end. Medical Marijuana is here to stay and we expect great contributions derived by the Science of Natural Alternatives.
In summary I strongly suggest that if the Commission has a concern with company's activities, the commission seek justice against those perpetrators in question and not penalize all shareholders by suspending trading activity.
Sincerely,
John Germinario
Global Securities Services Corporation
John A. Germinario
Chief Executive Officer
International Capital Markets Specialists
Financial and Securities Fraud Examiner
Depositary Receipts, Depositary Banks- Whistleblower
Works with: The United States-Securites and Exchange Commission, Enforcement, The Federal Bureau of Investigation,The Internal Revenue Service also with most Global Financial Regulators.
American Depositary Receipts and Global Depositary Receipts are TOXIC and have Poisoned Global Investor Portfolio's for Decades
GSS is a Depositary Receipts activist organization.
www.gssintl.com