And at this wording:
Prosecutors read U.S. law differently, and charged Lawrence with violating decades-old acts prohibiting the use of electronic wires to send or receive information that facilitates illegal gambling.
word games – Illegal Gambling. What gambling is illegal because of the wire act? You got it, sportsbetting.
It all makes sense.
Yesterday:
The Company announced yesterday that due to the ongoing investigation by the US authorities, the annual audited accounts for the year ended 31 December 2006 will not be finalised in time to send to shareholders by 30 June 2007. The Company can confirm that the outcome of the investigation is the sole matter delaying the finalisation of the accounts.
Therefor, the Company will not be able to comply with Rule 19 of the AIM Rules that requires an AIM company to send its accounts to shareholders not later than six months after the end of the financial year to which they relate. Consistent with its advice to the USAO to use its best efforts to resolve the investigation by no later than 13 July 2007, the Company is doing its utmost to finalise and post its audited accounts and to announce its full year results for the period ended 31 December 2006 to the market.
Hence, the Company’s ordinary shares will continue to be suspended from trading.
This hurts Neteller big time. Today Lawrence goes to court and pleads. BIG SURPRISE!
They got them by the balls and won’t let go until they get the 100 million they want.