Buzz Technologies (BZTG)

[HXJack]

Ha! The business applied Safe Harbor is a long and complex regulation. It's under U.S. law Securities Act of 1933; Securities Exchange Act of 1934; and Private Securities Litigation Reform Act of 1995.

The example you suggest doesn't actually say Safe Harbor Act does not actually apply to all pinksheets companies. What the SEC is saying is that the specific forward looking statements given by GrowLife are not covered under specific safe harbor statue sections meaning; as stated ( within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. ) It goes on stating; "these safe harbor provisions do not apply to statements made by penny stock issuers. The SEC concludes stating; "See Section 27A(b)(1)(C) of the Securities Act, as amended and Section 21E(b)(1)(C) of the Exchange Act, as amended."

I might add, this is not a legal precedent for this one SEC action.

As for "all Pinksheet CEOs are complete idiots", I doubt that_maybe some!