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Re: pipedream1 post# 22981

Tuesday, 04/28/2015 11:30:25 PM

Tuesday, April 28, 2015 11:30:25 PM

Post# of 24848

Meet the:
Safe Harbor Statement...

...Bob can't control the speed at which Hong Kong gives final approval...


(1)
I wouldn't expect anything less from you or any other member of the CORE -- after all, y'all have a severe financial conflict of interest in ensuring that the stock stays pumped until all of your 0.00 and 0.05 PIPE shares get liquidated, right?

(2)
BS Schneiderman may not control the speed at which Hong Kong gives final approval, but you know what BS Schneiderman CAN control? Issuing blatantly false statements over and over again claiming that SCRC has RECEIVED final approval from Hong Kong (when in fact it has not) and that SCRC is cleared to immediately begin selling RapiMed in Hong Kong (which it is not).

(3)
A LEGITIMATE shareholder would be concerned if company mgmt knowingly issued false statements. But yet, you, the homophobic criminal JOSEPH ZAMPETTI, and the rest of your CORE con artists once again show your true colors by defending this despicable and shameless practice by essentially saying "See the Safe Harbor Disclosure? This means we can say whatever the hell we want regardless of whether it is true or not!!!"

(4)
You do realize that the Safe Harbor Laws do not apply to issuers of penny stocks, right?

Here is the link and relevant excerpt:

https://www.law.cornell.edu/uscode/text/15/77z-2

Exclusions
Except to the extent otherwise specifically provided by rule, regulation, or order of the Commission, this section shall not apply to a forward-looking statement that is made with respect to the business or operations of the issuer, if the issuer—


(A) during the 3-year period preceding the date on which the statement was first made—
(i) was convicted of any felony or misdemeanor described in clauses (i) through (iv) of section 78o (b)(4)(B) of this title; or
(ii) has been made the subject of a judicial or administrative decree or order arising out of a governmental action that—
(I) prohibits future violations of the antifraud provisions of the securities laws;
(II) requires that the issuer cease and desist from violating the antifraud provisions of the securities laws; or
(III) determines that the issuer violated the antifraud provisions of the securities laws;

(B) makes the forward-looking statement in connection with an offering of securities by a blank check company;

(C) issues penny stock;

(D) makes the forward-looking statement in connection with a rollup transaction; or

(E) makes the forward-looking statement in connection with a going private transaction



In fact, here is an example of a PROPER disclosure by another penny stock company that understands the applicability of Safe Harbor Laws:

As an issuer of “penny stock,” the protection provided by the federal securities laws relating to forward looking statements does not apply to the Company.
Although federal securities laws provide a safe harbor for forward-looking statements made by a public company that files reports under the federal securities laws, this safe harbor is not available to issuers of penny stocks. As a result, the Company will not have the benefit of this safe harbor protection in the event of any legal action based upon a claim that the material provided by the Company contained a material misstatement of fact or was misleading in any material respect because of the Company’s failure to include any statements necessary to make the statements not misleading. Such an action could hurt our financial condition.