Tuesday, August 12, 2014 4:04:40 AM
And BTW the definition of fraud is
fraud
frôd/
noun
wrongful or criminal deception intended to result in financial or personal gain.
So throwing around the term "fraud" without having proof is akin to being a "false witness" or "falsely accusing" someone without any proof. The SEC sent FSPM to the greys for not having current or accurate info on their financials like they said in their release, not for the made up definition but the real definition of fraud that someone at FSPM was using "criminal deception intended to result in financial or personal gain."
I mean really? Let the chips fall where they may... Why does fraud have to be added, when it is clearly not mentioned in the complaint or reason for suspension?... If the SEC wanted to use the word fraud then I'm sure they have a category that says we suspended XYZC stock for fraud...
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