Idle Media Inc (IDLM)

[wadirum1]

From the most recent quarterly (10-Q) that $IDLM filed:

On May 7, 2013, the Company received a subpoena from the Denver Regional Office of the SEC seeking information and documents concerning its financial statements, including the restatement of its financial statements in connection with an ongoing SEC investigation of the Company. The Company is cooperating fully with the SEC with respect to its requests.

This is what many investors believed was the reason for IDLM silence. Or, more specifically, this was the most recent reason (first their was the quiet as they were re-registering and then there was this).

IF this letter means that this investigation is somehow resolved, then I think this is huge.