Tuesday, 05/27/14 12:26:21 AM
Re: janice shell post# 41672
Post # of 42365
I spoke to the CEO for about 5 minutes today
He returned my voicemail I left him earlier. He said the Finra interview was indeed quite long and rather extensive about 3 weeks ago, and the Finra rep covered everything start to finish. He said the Finra Reps name was Brian Heffern(sp)From The Maryland Office. I just went to google and the finra site there shows a Brian Heffern, but not his job Title?. Parilla claimed the call with Heffern was just the two of them, and it went very well, and there was no problems raised by Finra at all. He said he called Heffern right after the suspension and he had no idea it had happened, and said he had to make some calls before giving Parilla a return calls. Parilla still claims the very first time he heard from the SEC was an email quite a bit AFTER the suspension took place. I also asked him about the 144A Filing(what is it?) He said if you click on it it's just the Quarterly Report, but OTCMarkets had a problem and for some reason the Quarterly Report was posted as a "144A" and also as a "Quarterly Report". Being a holiday weekend he had to leave otcmarkets an email and a voicemail letting them know to go in and delete the one that says 144A. If all this is true, and with the stock already suspended I sure don't see what he would get out of spinning a lie now, and I still say the SEC has some explaining to do about why they suspended a stock with NO Due Process taking place first. Who are they to say the PR's don't look valid? Parilla swears there is a complete file on each PR with the contract or agreement information in it, and contact information for the company they signed the deal with, and each PR first went to his Attorney Jehu Hand to sign off on. He claims as soon as he was actually asked for that information by the SEC they had it copied and in their emails within 45 Minutes or less. So my question still remains - why didn't the SEC ask for that information first? You just can't arrest a person walking down the street that happens to look different - there's Due Process.
I'm allowed 1 Post per day in here right now per Ihub so this is it. I've been a big supporter of FRTD and a large buyer of the stock, so I hope this has a good outcome, but even if it does I'm still not impressed with how the SEC does business. This is America for crying out loud, and all of us should have a certain number of rights, and one of those rights is "Innocent until Proven Guilty". When you suspend a stock without Due Process you violate one of the real core values this country has. I'm still hoping for the best.
