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OMG He doesnt know that a recievable cannot be turned into a cash until it is RECIEVED!!!!! IT remains in the Recievables until the Bond issuer actually pays the coupon. Pathetic!!! This guy really does not know what he is talking about about Bonds!!
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You come in here spouting off the known lines of bash sites. Your last comment about being advised not to place the docs in the real estate section are a prime example about who you are trusting. That makes you suspect.
You also have failed to read one of the main sources of documentation on this play there is. Therefore you are at a disadvantage.
You also do not appear to understand why they were filed at all. You do not understand why very little access was provided to this group of SEC lawyers.
You do not appear to know why they [SEC] were referred to the filed documentation and why they were referred to the Federal Reserve to validate the bonds.
You do not address why the Bloomberg system is ineffective in bond evaluation.
When you come back calmly address these questions as best you can. If you cannot address them then you are speaking on a subject in which you are grossly uninformed on.
First off , I will repeat that I have not personally viewed the bonds or any filings filed with the state of Georgia but I am sure that the SEC is fully aware of the filing .
Secondly , I am not bashing anything . I am stating that in my past expeeriences it is of my opinion , the SEC would not go after a company in the fashion they are if they did not feel they have a case . I also feel that the Judge would not have ordered the TRO if he didn't feel there was enough evidence or reason to believe the company was in violation of the law or maybe the Judge is a shorter and covering his butt .
Third , at no time have I or will I admit that I know anything about bonds . I do not know anything about them but I can assure you that the SEC does and if not will bring in the proper people to varify the bonds one way or another . Rufus has now been ordered to comply with the SEC . He no longer has a choice in the matter . As for limited access of the bonds to the SEC , if you can pay $10.00 and know everything there is to know about them , what makes you think the SEC cannot do the same ? It wasn't exactly a secret .
Lastly , I do not know a thing about the Bloomberg system or why its ineffective .
Now I have addressed all of your questions . I now ask for you to enlighten me Obi One Kanobi on the real answers to these questions because you obvisiously know the answers to them . I think that contribution would far exceed your other great contributions of "Ya think" .
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