Knight Investments LLC meet at an independent international summit on North Korean Nuclear Entity

July 2, 2009 - PRLog -- Knight Investments LLC convened earlier today at an independent international peace summit that discussed issues ranging from the proliferation of arms in Africa, to the now Asian Destabilizing entity of a Nuclear North Korea. Among the delegates was the Baron of the Republic of Aquitaine who spoke on the relevance of these issues, and the caution all parties should take when dealing with these issues. In excerpt from the Baron's opening statement, Baron Christopher Knight Lopez stated,

"We are not talking about a few thousand people perishing; although I would say a few thousand is a few thousand too many. We are talking about hundreds of thousands, to maybe even millions of people's lives being effected. This is not an issue about who will win, or who is superior in nature. This is an issue about what is the cost of seeing this conflict come to fruition. All parties involved in this situation should know, that if a decision is made to provoke a nuclear attack...there will be many lives affected. This is what it makes it so difficult."

The U.S. Department of State targeted North Korea’s nuclear proliferation network by designating Namchongang Trading Corporation (NCG) under Executive Order 13382. E.O. 13382 is an authority aimed at freezing the assets of proliferators of weapons of mass destruction and their supporters, and at isolating them from the U.S. financial and commercial systems. Entities designated under E.O. 13382 are prohibited from engaging in all transactions with any U.S. person and are subject to a U.S. asset freeze.

Knight Investments LLC Chief Financial Officer Montelly Lopez Jr, was among the lead committee members due to his experience in the Iraq war, and combat scenarios with the United States Army National Guard. CFO Montelly Lopez Jr stated that conflicts have many more components than people are made aware of, and said all situations should be handled with great care.

NCG is a North Korean nuclear-related company in Pyongyang. It has been involved in the purchase of aluminum tubes and other equipment specifically suitable for a uranium enrichment program since the late 1990s.

The Department of the Treasury also today designated Hong Kong Electronics, located in Kish Island, Iran, for providing support to North Korea’s Tanchon Commercial Bank (Tanchon) and Korea Mining Development Trading Corporation (KOMID). Tanchon and KOMID were designated by the United States under E.O. 13382 on June 28, 2005 and the UN Security Council under Resolution 1718 on April 24, 2009.

North Korea’s April 5, 2009 launch of a Taepo Dong-2 (TD-2) missile and May 25, 2009 nuclear test demonstrate a need for continued vigilance with respect to North Korea’s activities of proliferation concern. The designations add to continuing U.S. efforts to prevent North Korean entities of proliferation concern from accessing financial and commercial markets that could aid the regime’s efforts to develop nuclear weapons and the missiles capable of delivering them.

All officials concluded the independent international peace summit stating that there would be a need for careful forethought and acknowledged that there were "tough choices" to be made by their Domestic US Administration.

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