Y'know Riley, that was probably one of the best posts you've even made. Honestly.
If there was any inside information going on, I believe it may have been from GRNO to a certain GRNO limited partner that appears to have been receiving alleged benefits for said newsletter publishing to GRNO shareholders. (Try full disclosure about your alleged activities in the future, it may save you next time.)
And you know something, I can't say that aren't things I would have definitely done differently had I thought there was a problem at the time. But hindsight is 20/20 and the best one can do is learn from life's mistakes and vow not to repeat them. Unfortunately, you have yet to learn this lesson, although others with personal experience of what the SEC can do tried to warn you.
The problem you have is that if you were in the right, this situation should have resolved itself by now. Think about it for a second (or more). If this company possessed the massive short position you say that it does (note that the company has publicly said or done nothing to substantiate your claim), there should be people LINING UP AT THE DOORWAY to assist them in every way possible to meet 15c2-11 compliance in order to force the squeeze. (lots of money to be made that way... :0)
But RMIL has done nothing to assist you except to ask you for more money for their planned merger with one of Morgan's companies. There has been no DTC count, no shareholder's meeting... nothing, nada.
And if there were something to this squeeze, Morgan and Breton would be pulling out all the stops to sell this material point to all potential merger candidates. And I would imagine for a man who traded $8 million through his accounts last year AND who holds a $400,000 position in the stock, it should be a simple manner to assist this company in complying with 15c2-11 all by his lonesome self.... But then again, maybe you're not so confident yourself are you??...<vbg>
No Riley, it hasn't happened. Yet RMIL management wants you to risk all once again without the necessary diligence resources, let alone answering basic questions about the float and total outstanding shares in a public filing.
But hey it's your money. And I'm truly sorry that you invested so much in this stock. That's is quite a chunk of change in anyone's book.
As for your brokerage statements, only you and the SEC truly know if you fully complied with the terms of the subpoena. If you haven't then you will answer for that.
Regards,
Ron |