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Re: luckyone1021 post# 208744

Monday, 10/06/2014 6:57:02 PM

Monday, October 06, 2014 6:57:02 PM

Post# of 232507
Let's not forget that the KMAG action was part of a larger initiative in which 16 companies were suspended.

Nor should we forget the purpose of that initiative. As the SEC said in an announcement it issued that day:

SEC Suspends Trading in the Securities of 16 Companies in Ongoing Effort to Combat Microcap Stock Fraud

http://www.sec.gov/news/digest/2012/dig091712.htm