REVE Technologies, Inc (BSSP)

[robertking]

Oh BS. Zhabilov made an error with IMMB that anybody could make that doesn't understand the intricacies of US law. Did you read the SEC ruling?? I did, and Zhabilov got hosed. If he would have PR'd that his Bulgarian business contact (using his name instead of the company name) in Angola was setting up a vehicle to use the IPF treatment on Ebola victims then IMMB would be trading today.

The judge ruled that corporations and shareholders are separate entities, so using the name of the shell company was grounds to keep the suspension in place. Of course, the SEC needs zero proof to suspend a stock for 10 days, and they used a technicality to keep the suspension in place. It was an absolute garbage decision.