Jess Lipka
Flemington,#2REBUTTAL Individual responds
Wed, May 24, 2017
I am Jess Lipka. I sold my interest in CGA around ten years ago. As far as impropiety, there was none. This post was in my opinion posted by an associate of Joseph Ranier who was entangled in either a fued or litigation with his former employer Ahmet Sandikci. Neither CGA during my stewardship nor I individually has ever lost a lawsuit. CGA never paid to settle a lawsuit. CGA never was charged with any crime by any govenment agency. CGA never agreed to any consent agreement. As far as overgrading, when CGA started, there was no grading standard. We tied grading to the 70 point system. New grading services started nearly 10 years later assigning tight grades on items we had graded after usurping the 70 point system we started. After I sold my my interest, grading has become more and vmore commercial by these large companies, and once they took our market share, they as neccesary took care of submitters. Now if one finds an early graded CGA note, it is likely to upgrade at the grading services which currently are considered legitimate.