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Thursday, March 02, 2017 12:45:01 PM
This is straight from the recorded call:
Sounded like BS to me and I wanted to verify what he’d said so I called right back.
I got a lady who wouldn’t even look up the symbol to see what was happening and just gave me "probably's" and "could be’s," so I hung up on her.
Then I called again but didn’t record it.
This guy looked it up right away and said it had NOT been halted and could still be trading on the OTC.
When I asked why the SEC hadn’t shut them down he gave me some long, convoluted explanation about how the SEC doesn’t do that. I responded that "it’s their JOB to protect investors! The SEC has said "Barton conducted no legitimate business through MedGen" and that it was only set up to scam investors, so why hadn’t it been shut down?" He never gave me a solid answer, but said he couldn’t provide any more details on the case. I asked "well generally, when a company has been accused of being a pump-n-dump scam and charges filed, what’s the process for shutting down the stock?"
He wasn’t able (or was unwilling) to explain that process, so I ended the call - no wiser than when I’d woke up that morning.
Anyone else who wants to try may call the SEC’s Investor Information line at 800-732-0330 (ext. 6 then 2). Good luck with that!
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