Mr Reece -
I have heard you offering this theorum of yours about the insiders selling all of their shares. I find that your speculation is indeed short in facts, of which you profess to be such a staunch proponent.
Is your scenario that the mechanations of the past year have been fully orchestrated to create a illegal float position, call the sec and the court system in to evaluate and rule on proceedings, so that that aznt insiders, under the full scrutiny of the sec and the judicial system, could lie and defraud investors? Do you think the sec and the court system would stand idly by while they are used as pawns by aznt to accomplish these goals? Do you think that if this the most elaborate scheme in the history of securities trading, which is what this would be under such a scenario, that it would be so easy for them to be caught? I mean IF the insiders do indeed sell and eliminate any possibility of a short selling squeeze, they will be caught and convicted, in short order.
In my experience, a den of thieves is not aided and abetted by the regulatory entities who police them. Usually the sec sues them for the little items, such as not disclosing that they have been hired by a corporation and then deny such a hiring. Do you think they would not pursue aznt insiders for such a blatant scheme? What does your experience tell you about the lengths the sec will go to? I imagine that grno and yourself did not utilize the sec in the mistakes, and it seems they pursued all parties with vigor. If they are used to defraud, I imagine they would pursue it even more vigilantly, or does your experience with the sec, tell you that they would go lightly on such transgressions? I hope you can give us insights into the mindset of the enforcement division of the sec, under such a case, based on your experiences.
Bests,
KC |
