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Re: irockupet post# 48010

Saturday, 08/19/2006 9:41:54 AM

Saturday, August 19, 2006 9:41:54 AM

Post# of 169274
That document describes NASDAQ rules. This is a BB listed stock, where financial filing halts are extrememly rare. IMO, we'll see a 10 trade day SEC halt soon. Following that, the stock will reopen on the pink, or worse, grey sheets. Worse case scenario is revocation of their stock registration.

The fact that the SEC hasn't stepped in yet is immaterial. There are many stocks to police, they are prolly understaffed, and they typically move slowly.

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