On December 15, the Securities and Exchange Commission filed a motion to appoint Rust Consulting to distribute $2M, the last remnant of AEHI's ill-gotten gains, which was nearly lost in a fun and bizarre turnabout scam on the scammers in Nevada (But that's a whole 'nother story in itself). According to the motion, the SEC seeks to have the court appoint a tax administrator to pay taxes due from the "qualified settlement fund" in addition to having Rust Consulting "work with the Commission's staff in formulating a distribution plan...as well as determining the identities of injured investors and investor harm, establishing a claims process to evaluate and verify claims, fielding inquiries from investors and overseeing ultimate distribution of the Distribution Fund."
Read the whole document below:
Former AEHI CEO Don Gillispie
OK, everyone, I've got to step out for just a minute. I'll be right back, I promise!
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