DD Support Board and Research Team

[Renee]

Re SEC letters to delinquent filers, the SEC does not adhere to a uniform policy for all delinquent filers. Some are Suspended after a year of Financials delinquencies and others have been delinquent for years without any SEC Enforcement actions. Logically it would be a better practice to have a predictable and automatic policy for all Registrant Issuers when they are delinquent in filing Financials, rather than the random practice that is evident.

Since no-one knows when the SEC will take action against a delinquent filer it is prudent for shareholders to exit a stock after the one year mark because the risks of an SEC Suspension and inevitable revocation of stock registration increase exponentially each day. As of today the SEC Admin Law Judge has revoked the registrations of 1208 stocks since January 1st, 2010. The losses to investors holding stock at the time of Suspension and subsequent revocation could be avoided if all investors learned the risks of holding stock in delinquent SEC filers.

The following list comprises stocks that are at risk of an SEC Suspension for Financials delinquencies and inevitable revocation of their stock registration. Twenty-two / 22 stocks have been Suspended since the list was comprised 2 months ago.....so readers should pay heed.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105890470

We do know that once a stock has been Suspended for Financials delinqencies that the SEC attests to the following in every Administrative Proceeding that is filed concomitantly with the SEC Suspension:

B. DELINQUENT PERIODIC FILINGS

As discussed in more detail above, all of the Respondents are delinquent in their periodic filings with the Commission, have repeatedly failed to meet their obligations to file timely periodic reports, and failed to heed delinquency letters sent to them by the Division of Corporation Finance requesting compliance with their periodic filing obligations or, through their failure to maintain a valid address on file with the Commission as required by Commission rules, did not receive such letters.