SUNDAY JUNE 3,2012
QBKR NEWS EDITION 1
BY QBKR NEWS
THE TWIGHLIGHT FUNDS INC. VALUE SAW HORRIFIC LOSSES AS DAMAGING FALSE ALLEGATIONS SWIRLED.
The Twighlight Fund Inc. saw company worth slide into near oblivion as investors fled to safety. False accusations of operating without being incorporated chased investors into a selling frenzy as the company stock loss over 67% this past quarter.
The fund's attorneys faced false allegations that were dismissed in a in a Miami-Dade Courtroom on Tuesday.
Twighlight Fund Inc., a small private hedge fund based in Miami, Florida is expected to recover significantly say the fund's press release operatives who scrambled into defense mode when damaging accusations surfaced early last quarter. They had this to say."The real fact of the matter is that the Twighlight Fund Inc. is a good strong U.S. company that is beginning its own investigation as to the how and why of these allegations. So far we believe that this is feeble take over attempt by investors to try to get control of The Twighlight Fund Inc. board. The funds investigation has already turned up evidence of insider trading by investors as well as fraudeulent account activity by certain investors whom have failed to disclose asset and income information which would disqualify them from the fund's services."
The Twighlight Fund Inc. still looks good on paper and the productive outlook they have given still remains in a positive light.
The Darylson & Coo Rating agency's positive rating of the company is unchanged.
The Twighlight Fund Inc. postponed a special stock offering of the fund this July indefinitely.
Twighlight Fund Inc. managers were unavailable for comment.
The 2012 Small Business Concept Conference in Miami Florida is still scheduled for this fall.