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[QUOTE]Originally posted by glassman: [QB] there's not much news there. the "main thing" that still bothers me about CSHD (other than the losses) is that the SEC filed the court papers and Rufufu didn't respond in an appropriate way, so the SEC SEEMS to me to be willing to call that a victory and let it lie right there... that brings US to the issue of the SEC's (supposed) mission, which is ostensibly to protect investors. IMO? they aren't protecting investors by just puncturing the "bubble" and forcing a co's stock down to the value it should be "in their opinion"... they are only protecting FUTURE investors, not th current investors. the act of protecting the investors should (IMO) be to follow thru with appropriate findings and forcing disgorgement in cases where they can show violations. there were obviously some severe violations in this, but it appears that Rufufu was played by insiders as the "perfect patsy"... i gave up following all the details after i saw that the SEC [b]seemed[/b] content with Rufufu's failure to properly defend himself. the shareholders deserved better, and the SEC should recognize that. [/QB][/QUOTE]
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