Since the sponsor presumably did not comply with the Regulation the sponsor has no reasonable defense, and the investor should receive a judgement entitling the, to recovery of their investment plus interest.

He reached out last night and we have an appointment this afternoon for a conference call with his new bookkeeper to review our account.

I went to the BP conference in New Orleans a few years ago.

You're much better off spending that money on a conference like STR Wealth Con or something similar.

I remember I was speaking at a conference many, many years ago when a young Stanford MBA I know texted me saying he was also at the conference and could we talk.

Tyler, I am so sorry you had to come on here and put this much effort into a defense.

The local branch manager got involved, couldn't understand what I was explaining either, didn't want to admit it, and got defensive and shut down when I tried having my attorney explain it to her in a different way.

That is not a defense, but people learn better through experience and that is being taken advantage of.  

The existence of a contract -- I agree with you on this -- may be a complete defense to such a claim. 

When it becomes exploitative as it has with China, it's bad and defensive actions are required.