bellsandwhistles,
Excellent advice. It is a shame that iEquity has damaged the portfolios of so many investors.
While I'm sure that the $150 million supposed "line of equity" could tempt a law firm, I can't help but think that ultimately the argument will be made that "the warning signs were there." The old "Caveat Hemptor," so to speak.
Rather than sift through what I'm sure is thousands of posts re: the PHOT suit, can you summarize what you know about that case, and if there really is any chance of investors recouping more than 1 or 2 pennies to the dollar of their losses? I realize that anything is something...and when you've lost 95%, it definitely is something.
SKTO and AEGY have proven themselves to be scams. The revenues, or lack thereof, were the telltale sign. AEGY showed no revenues in 1Q '14. If PJ was actually "live" and "collecting $$$$," we'd see it there. SKTO-well, we know how that went.
Personally I hope that Benz, Jan, Mayor, Allyn, Hipple, Choo, Jones and Loughlin are all held to the fire, and that Newsom loses his election because of this charade. I can't imagine supporting an SEC suspended company would bode well for them.
Thank you bells for being out there warning of what was clear.
Those who were left holding shares deserve to see at least something happen to the management that was behind it all.
IMO
Excellent advice. It is a shame that iEquity has damaged the portfolios of so many investors.
While I'm sure that the $150 million supposed "line of equity" could tempt a law firm, I can't help but think that ultimately the argument will be made that "the warning signs were there." The old "Caveat Hemptor," so to speak.
Rather than sift through what I'm sure is thousands of posts re: the PHOT suit, can you summarize what you know about that case, and if there really is any chance of investors recouping more than 1 or 2 pennies to the dollar of their losses? I realize that anything is something...and when you've lost 95%, it definitely is something.
SKTO and AEGY have proven themselves to be scams. The revenues, or lack thereof, were the telltale sign. AEGY showed no revenues in 1Q '14. If PJ was actually "live" and "collecting $$$$," we'd see it there. SKTO-well, we know how that went.
Personally I hope that Benz, Jan, Mayor, Allyn, Hipple, Choo, Jones and Loughlin are all held to the fire, and that Newsom loses his election because of this charade. I can't imagine supporting an SEC suspended company would bode well for them.
Thank you bells for being out there warning of what was clear.
Those who were left holding shares deserve to see at least something happen to the management that was behind it all.
IMO
