RE:RE:Question for investorsHas any media been writing about this?
quote=Kherson]I would hazard a guess and say that about 500 million would be considered the upper limit of investor losses on Poseidon and about 350 million will be reimbursed to us. Those who may be involved in paying damages to us investors are;
Banks
Poseidon Concepts BOD and management
Open Range BOD and management
Auditors
Directors insurance coverage policies
Peyto Energy, maybe
And a few more folks
Let's not forget that both the ASC and the SEC are still conducting their investigations and law enforcement agencies may very well be doing their own investigations if indeed Poseidon was a front for a money laundering operation. More on that thought at a later date...
Kherson
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