"To Whom It May Concern:
I am writing in reference to your complaint which was received by the U.S. Securities and Exchange Commission on May 16, 2010. My colleagues and I are interested in setting up a telephonic meeting with you to further discuss your complaint. As such, we would appreciate if you would provide your contact information, and a date and time that you will be available to speak with us. Please feel free to contact me at the above email address or the below listed number. Thank You."
First I sent an accepting response then I sent this by the end of the day
"Because of some unexpected event I think that I wont be available
these next few days.I will contact you when ready.
I appreciate your attention to my complaint."
To that they responded with this
"Can you please let me know how soon you will be available for a meeting? We would like to proceed with your complaint but it is imperative that we speak with you first. Thanks."
To that I responded with this:
"But according to the SEC information,they cannot
"disclose the existence or non-existence of an investigation
and any information gathered unless made a matter of public
record in proceedings brought before the SEC or in the courts"
Isn't you contacting me considered a disclosure for existence
of an investigation without being first disclosed in public records?
Wouldn't I be having information unavailable to other investors because
of this contact?How much and how long having such information would
restrict me from trading the stock?
In addition,I wont disclose in any such contact if it happens
any more information other than what I am ready to disclose publicly
to everybody else.
Don't get me wrong.I am very eager to see my complaint being
investigated.But history lessons taught me to be -frankly
speaking- suspicious even with what may come from the SEC
staff unless I see firmly established things."
To that someone else responded and CCed the one who was
my main contact until that time in addition to another person.
All their emails ended with "@SEC.GOV":
"Mr. XXXXX
Thank you for sending us your complaint and agreeing to speak with us. Please understand that us contacting you does not mean that we are undertaking an examination of Midsummer Capital. Rather, our purpose for contacting you is to get a better understanding of the complaint that you submitted to the SEC. Our conversation also does not necessarily constitute the SEC beginning an examination of Midsummer Capital. Additionally, contacting the SEC does not restrict you from trading in Midsummer's stock. If you have any further concerns, please let me know. We look forward to our conversation with you."
Saturday, June 12, 2010
Two kinds of claim
Those who cant sort things for themselves need
to notice two kinds of claim in my post about my
phone meeting with the SEC office in New York.
One is an opinion no matter how confident I am
in it.The other is being a witness to some event
with all the possible consequences if I am proved
to be lying and the event didn't really occur.
to notice two kinds of claim in my post about my
phone meeting with the SEC office in New York.
One is an opinion no matter how confident I am
in it.The other is being a witness to some event
with all the possible consequences if I am proved
to be lying and the event didn't really occur.
I could have pointed out a million
contradiction between what they claimed to be
their intention and their actions and another
million things showing how their real intention
is to help the main big guy here.
I don't know if that should make me happy because
one would have easier time discovering the corruption
or sad because even if they want to be honest we are
supposed to depend on the intelligence of such examples
to solve our complaints?
I don't have a suspicion about their real intention
anymore.I am confident of it.Although my suspicion
was already very close to the confidence stage.
Their trick did not last one day on me.Although
the first thing I thought about was that the
email address ending with @sec.gov in the first
email I received from them could be an old email
address and the manipulator had someone inside
who can use it without being noticed by others.
That is because I couldn't even imagine such level
of corruption.But to my surprise the investor
advocacy office at the SEC confirmed the name in that
email as someone working in SEC new york
office.They also confirmed the phone number in
that email which I used later to confirm the identity
of that person.Beside other sources,I called
the number of the SEC new york office mentioned
on the SEC web site and they confirmed all
three names I received (with them I also received
three email addresses ending in @sec.gov)as part of
the SEC office there.
If my complaint was referred to this SEC
office then I don't even know what to say.
contradiction between what they claimed to be
their intention and their actions and another
million things showing how their real intention
is to help the main big guy here.
I don't know if that should make me happy because
one would have easier time discovering the corruption
or sad because even if they want to be honest we are
supposed to depend on the intelligence of such examples
to solve our complaints?
I don't have a suspicion about their real intention
anymore.I am confident of it.Although my suspicion
was already very close to the confidence stage.
Their trick did not last one day on me.Although
the first thing I thought about was that the
email address ending with @sec.gov in the first
email I received from them could be an old email
address and the manipulator had someone inside
who can use it without being noticed by others.
That is because I couldn't even imagine such level
of corruption.But to my surprise the investor
advocacy office at the SEC confirmed the name in that
email as someone working in SEC new york
office.They also confirmed the phone number in
that email which I used later to confirm the identity
of that person.Beside other sources,I called
the number of the SEC new york office mentioned
on the SEC web site and they confirmed all
three names I received (with them I also received
three email addresses ending in @sec.gov)as part of
the SEC office there.
If my complaint was referred to this SEC
office then I don't even know what to say.
LONG LIVE CORRUPTION!!!
On Friday I had a phone meeting with the SEC office in New York related
to vkng story based on their request.
And guess what?I feel confident that their intention was to extract some information
from me to help the big manipulator here and not to really solve the case.In other words
that part of the SEC was acting in service of the big guy here.Such level of corruption was
a very far fetched thought to me before this.
I had this opinion about their intention of that contact since this Tuesday when they
emailed me asking for a phone meeting.I emailed and phoned many parties including
investors advocacy at the SEC and the SEC new York office itself to make sure they
work there and the answer was affirmative.Yet,I still had very high probability that
their intention is to help the big guy here not the other way around.In spite of that I
agreed to that phone meeting and now even the very low possibility of being wrong
in that has diminished even further.
to vkng story based on their request.
And guess what?I feel confident that their intention was to extract some information
from me to help the big manipulator here and not to really solve the case.In other words
that part of the SEC was acting in service of the big guy here.Such level of corruption was
a very far fetched thought to me before this.
I had this opinion about their intention of that contact since this Tuesday when they
emailed me asking for a phone meeting.I emailed and phoned many parties including
investors advocacy at the SEC and the SEC new York office itself to make sure they
work there and the answer was affirmative.Yet,I still had very high probability that
their intention is to help the big guy here not the other way around.In spite of that I
agreed to that phone meeting and now even the very low possibility of being wrong
in that has diminished even further.
Thursday, June 3, 2010
VKNG:MANIPULATION AND DEFRAUDING CROSSING THE LAST LINE.
The story of VKNG involves the most outrageous fraud I have
ever seen in the market.The fraud I am talking about here is
not in the stock itself.Instead this fraud is related to the activities
surrounding the stock.
It seems that after the stock slipped out of control of someone
who intentionally was trying to keep it low to even beneath a penny
and keep individual investors away until some desired time in the future,
that someone refused to accept the reality of that situation.What he
did instead is that he started his naked shorting activities and the
stock remained on the SHO list from 11/13/09 to 01/04/10 continuously.
ftp://ftp.nasdaqtrader.com/symboldirectory/regsho
During that same time a big shareholder (Midsummer Investment
Limited) filed a group of filings claiming the buying back of shares they
sold when the stock was moving up and filed for that selling on the
16 of November.The buyback filings happened on the 14,15,17
and 18 of December 2009 and claimed the buying back of all
2428000 shares they sold earlier.That buyback couldn't sound
more fake than it did.
Shares were very scarce,yet there were not any sign of an attempt
for buying shares to be delivered to the naked positions.Instead the
price kept going lower and lower.
All that left the following conclusion unavoidable.The shares buyback
claim was just a trick to make the fake shares sold during the naked
shorting attack stay in the system and treated as real shares.
But wait..there is more..
The company was in need for some financing for its new project.
So it appears that to complete the trick ,on 01/07/2010 Dutchess
Opportunity Fund,II, LP.signed a very special financing deal with
the company allowing it to sell at unknown future market prices.But
the deal put a condition of effective registration before the company can
use that financing.
While the first part of the trick did not need any support to be seen
clearly,nevertheless with the later part we seem to have a complete
plan.Now everything around seems to fit in an appropriate place and
make strong connections with other things.
The plan is simply to sell fake shares to drive the price lower.Then keep
those fake shares in the system with the help of that shares buy back
claim.Then keep the price low and wait for you or your partner who
singed that financing deal to receive shares at theses low prices.
Until the end of April we were defrauded of about 4.4 million shares
and more could be sold after that or on their way to be sold.
ever seen in the market.The fraud I am talking about here is
not in the stock itself.Instead this fraud is related to the activities
surrounding the stock.
It seems that after the stock slipped out of control of someone
who intentionally was trying to keep it low to even beneath a penny
and keep individual investors away until some desired time in the future,
that someone refused to accept the reality of that situation.What he
did instead is that he started his naked shorting activities and the
stock remained on the SHO list from 11/13/09 to 01/04/10 continuously.
ftp://ftp.nasdaqtrader.com/symboldirectory/regsho
During that same time a big shareholder (Midsummer Investment
Limited) filed a group of filings claiming the buying back of shares they
sold when the stock was moving up and filed for that selling on the
16 of November.The buyback filings happened on the 14,15,17
and 18 of December 2009 and claimed the buying back of all
2428000 shares they sold earlier.That buyback couldn't sound
more fake than it did.
Shares were very scarce,yet there were not any sign of an attempt
for buying shares to be delivered to the naked positions.Instead the
price kept going lower and lower.
All that left the following conclusion unavoidable.The shares buyback
claim was just a trick to make the fake shares sold during the naked
shorting attack stay in the system and treated as real shares.
But wait..there is more..
The company was in need for some financing for its new project.
So it appears that to complete the trick ,on 01/07/2010 Dutchess
Opportunity Fund,II, LP.signed a very special financing deal with
the company allowing it to sell at unknown future market prices.But
the deal put a condition of effective registration before the company can
use that financing.
While the first part of the trick did not need any support to be seen
clearly,nevertheless with the later part we seem to have a complete
plan.Now everything around seems to fit in an appropriate place and
make strong connections with other things.
The plan is simply to sell fake shares to drive the price lower.Then keep
those fake shares in the system with the help of that shares buy back
claim.Then keep the price low and wait for you or your partner who
singed that financing deal to receive shares at theses low prices.
Until the end of April we were defrauded of about 4.4 million shares
and more could be sold after that or on their way to be sold.
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