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PennyStockInvestor

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PennyStockInvestor

Re: beambe post# 12865

Wednesday, 06/18/2014 1:08:57 PM

Wednesday, June 18, 2014 1:08:57 PM

Post# of 34668
It's pretty obvious that this stock halt is NOT good for NEWL shareholders. Many investors have probably made complaints against NEWL so they finally followed through with a stock halt. I highly doubt NEWL can satisfy the information that's being requested by Nasdaq regulators. Ironridge has already obtained a published legal decision from a US District Court, the judge found that Ironridge did not manipulate NEWL shares. The NEWL press release from yesterday could be considered misleading because of this.
The stock price could easily gap down below .30 price per share after the halt is removed.
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