You tell a fantastic tale, pweasehelp, whether it is true or not.I appreciate the response, but, what would I have to gain by lying?
Everything I am saying is factual. Happy to provide mods with any proof to support the same. The absurdity and blatant disregard of securities law was shocking to the State Bar representative I spoke with as well. She figured it might fall under tort law but grappled with it as well.
And yes, the company is still trading publicly.
You said your friend lives in Central America and the nefarious acquaintance lives in Nevada. Where do you live?
Your friend probably will want to consult with an attorney in Nevada if he is looking for a legal solution, as that is where the acquaintance lives. Your friend in Central America can explain to the Nevadan attorney or attorneys he contacts how he came to be involved with the fellow in Nevada in the first place, and he can explain to the Nevadan attorney(s) what exactly he hopes to accomplish.