Mark: It is important for the emotions to settle and the truth come out about the penny stocks, GIFS and IMXS. Once the emotions have run their course, and the truth becomes known to all the shareholders of both corporations, it is logical that a single class action suit be filed representing all shareholders equally.
The directors and officers of GIFS and IMXS have violated sections 11, 12 and 15 of the securities act of 1933, sections 10 and 20 of the securities Exchange Act of 1934, and section 551.41 of the Wisconsin Statutes and Wisconsin common law.
We are fully prepared to initiate securities fraud litigation in U.S. District Court and will consider including every shareholder, should that be your desire.
This is not a story about shorts, conspiracy, etc..., it is about management. There are no winners in this story, we are the losers. The current and past shareholders of GIFS and IMXS. |