rns to 'celebrate' dutchess funding ?

Why was there no separate RNS to celebrate the Dutchess funding ?

All this good news in one release runs the risk of getting lost in the noise surely ?

Does anybody know anything about Dutchess ?

Unfortunately this made me suspicious so I did some digging into Dutchess and it appears that from Google searches they have been linked with providing similar 'financing' mechanisms to the PIPEs/SEDAs/EFFs 'offered' by the likes of Yorkville.


http://www.reuters.com/article/2012/10/17/us-sec-yorkville-idUSBRE89G14L20121017

SEC charges Yorkville with securities fraud

By Aruna Viswanatha

WASHINGTON | Wed Oct 17, 2012 12:22pm EDT

(Reuters) - Securities regulators on Wednesday sued Yorkville Advisors LLC and its top executives, accusing the New Jersey hedge fund of reporting false and inflated values for some of its investments.

The Securities and Exchange Commission lawsuit targeted Yorkville, which has been one of the largest funds specializing in thinly traded micro-cap and small-cap companies, founder and President Mark Angelo and Chief Financial Officer Edward Schinik.



http://www.sec.gov/litigation/complaints/2012/comp-pr2012-209.pdf