Thursday, January 28, 2016 2:29:07 PM
and FINRA denied MIKP access back to trading land.
i don't see any egg shells on the SEC/FINRA side.
they own the gate keys
and have thus far denied MIKP passage back to pinks.
re: recordings, doesn't seem like that helped last time.
Mark talked with some lawyers about the potential of leveraging that card
but it doesn't seem to have gone anywhere
which suggests it doesn't have much traction.
re: ST production timeline, Cinemax is in the loop now, and presumably their scheduling is more prompt and regimented than Mark's has been.
re: Mark's letter to FINRA, it's on the blog:
http://blog.mtpprods.com
October 12, 2015
the key bit at the end of that post
gives a clear indication that FINRA is the stronger party in the negotiation:
“Shortly after this letter was issued, I was informed by BMA that FINRA stated they would not correspond with the Issuer or Issuer’s counsel regarding BMA’s application. BMA representative also informed me that he felt if we simply answered the new questions, we would have our application approved.
We were encouraged by this; however, after a phone call with FINRA that I did not partake in, BMA informed me that they were withdrawing the application. When I inquired why the sudden change of heart, they simply said they feel it may be an exercise in futility.”
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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