Help from the Eli Community Needed

[Greg Troy (KeepFighting)]

*******I Need the Eli Community’s Help******


Today I was presented with an opportunity which looks very interesting. I finally received a response from the SEC on my request under the Freedom of Information Act for all records pertaining to investigation of Jonathan Klein and top officers at Getty images backdating stock options. If you do not remember when I discovered this and the associated stockholder lawsuits you may read my posts here:
http://www.extortionletterinfo.com/forum/getty-images-letter-forum/an-experiment-against-getty/msg12037/#msg12037

There was an SEC investigation of Jonathan Klein, the top officers and Getty images over the backdating which Getty admits did happen though they claim it was clerical errors. The SEC has informed me that they have located four boxes of records pertaining to this investigation. I believe there must be some good information in these records which could be used to expose what goes on at Getty Images, I am hoping there would be a complete financial included in the documentation which would show the breakdown of Getty’s income and we could get a look at how much Getty actually makes off of their settlement demand letters as well as many more interesting items like that which we can use. The problem is that I must pay for someone at the SEC to sit down and go through these four boxes of documentation, redact information deemed too sensitive and copy the files. The SEC is asking for $840 for their time and $.24 per page and I am estimating final costs for getting this information around $1200. My intention is to release this information once I have obtained it so that everyone may see how the top brass at Getty operate. Here’s the letter I received from the SEC:

http://www.scribd.com/doc/123882396/01-31-2012-SEC-FIOA-Request-Response-Redacted

The reason for this post is I do not have $1200 to spare laying a round; I have spoken to Matthew and Robert tonight and suggested the idea of presenting it to the Eli community to see if anyone would be interested in helping to fund this. I am committing $150 to obtaining this documentation, Robert and Matthew have committed to $25 each towards the cause which leaves me needing approximately $1000 which would only be 40 people at $25 each. Right now I do not wish to receive any money I am just looking for firm commitments of any amount from anyone interested in this project. If it looks like the project will be doable at that point Matthew and I will set up some sort of secure donation method most likely using PayPal.

The reason why I am doing this in the sense of urgency is the letter states I must make a commitment by February 11 which is just one week from today. I will be contacting the SEC tomorrow to see if this deadline can be extended and why there is such a sense of urgency for the commitment on their part as they have stated it can take 18 to 24 months before my turn in the queue comes up in my documents are processed.

If you are willing to assist in this project please email me at GregTroy@YeahWeDoThat.Biz and let me know the amount you would be willing to donate to this cause.

[Oscar Michelen]

I'll match your $150 Greg

[Greg Troy (KeepFighting)]

Thank you very much Oscar!!

I'll match your $150 Greg

[Robert Krausankas (BuddhaPi)]

You've got my support as well! we could easily raise these funds, the hard part will be the time frame to commit.

[stinger]

Greg, I am in for $150.

[Greg Troy (KeepFighting)]

WOW!  Thank you Stinger that gets us to just under half way already!!!  

Greg, I am in for $150.

[Greg Troy (KeepFighting)]

I just received another commitment via PM for $25 to $50 dollars.  Thank You!!

[Mulligan]

" redact information deemed too sensitive "

This sounds like a serious red flag. Folks at the SEC aren't exactly known for going after the big boys. See Bernie Madoff and the "too big to fail" banks bailed out by our tax dollars.

Getty Images has a lot of grease in government circles, so I'm not confident of redacted info coming from the SEC being of much use.

Charging this much money for information they get to censor? That's not something I'm willing to throw any of my greenbacks at.

From the Freedom of Information Act website:

How much does it cost to make a FOIA request?

There is no initial fee required to submit a FOIA request, but the FOIA does provide for the charging of certain types of fees in some instances.

For a typical requester the agency can charge for the time it takes to search for records and for duplication of those records. There is usually no charge for the first two hours of search time or for the first 100 pages of duplication.

You may always include in your request letter a specific statement limiting the amount that you are willing to pay in fees. If an agency estimates that the total fees for processing your request will exceed $25, it will notify you in writing of the estimate and offer you an opportunity to narrow your request in order to reduce the fees. If you agree to pay fees for a records search, be aware that you may be required to pay such fees even if the search does not locate any responsive records or, if records are located, even if they are determined to be entirely exempt from disclosure.

[Khan]

I am in with 150,-- too.

Khan

[Greg Troy (KeepFighting)]

Thank you so much, Khan!!! With Khan's commitment that brings our total up to $700 in the goal is within reach.

@Mulligan

No worries my friend, there is always the risk that it might and that being not what we had hoped for and it will take a while to get the information too. That's why I wanted to be upfront about the redaction possibilities and the time involved to get the information. For me personally and the chance to get some hard evidence of the crap and unethical operation of Jonathan Klein and his cronies is worth it to me.

[Jerry Witt (mcfilms)]

Greg,

You can count on me for a contribution. How much depends on how well I'm rolling when the time comes to pay up. But at least know that I'll kick in for the minimum.

I'm not sure what you'll learn from this. But the one thing I do know now is that when you are on a mission, woe be to the trolls.

[Greg Troy (KeepFighting)]

Thank you very much Jerry!

Thanks for the compliment too, Getty is like a scab I can’t stop picking at. I can’t wait to see what is on the CDs I am getting from the Washington State Attorney Generals office, I asked for all the complaints that have been filed since Robert got the complete history last year.  This was right when I started my campaign and experiment against Getty and my complaint was not one of the ones listed at the time.  Robert received one CD with all they had; they tell me they are sending me 6 CDs of information filed since April of last year.  I hope a lot of people joined in and flooded the AG with complaints.  If there is a ton of new stuff I think a follow up letter may be necessary asking at what point the AG’s office gets involved.

http://www.extortionletterinfo.com/forum/getty-images-letter-forum/an-experiment-against-getty/msg13992/#msg13992

Greg,

You can count on me for a contribution. How much depends on how well I'm rolling when the time comes to pay up. But at least know that I'll kick in for the minimum.

I'm not sure what you'll learn from this. But the one thing I do know now is that when you are on a mission, woe be to the trolls.

[Sandy443]

Greg, Count me in for the minimum $25. 
Sandy

[Greg Troy (KeepFighting)]

Thank you so much Sandy!

Greg, Count me in for the minimum $25. 
Sandy

[Greg Troy (KeepFighting)]

I will call Ms. Osborne at the SEC tomorrow and see if I can get an extention on the deadline or at least find out when the payment would be due.  I will let you all know what I find out tomorrow.