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Re: pennylandspirit post# 122611

Tuesday, 09/26/2017 1:58:52 PM

Tuesday, September 26, 2017 1:58:52 PM

Post# of 207104
Thats why I think FINRA approved. Here's my line of thinking...




Prose 1: We have been under review by FINRA for months now for the ticker change.

Deduction 1: We are legit. Had this been a scam, FINRA would've caught on by now, the fact that we are still being entertained indicates that FINRA is treating this like a legitimate company, though still being very thorough as they should



Prose 2: We know about FINRA's rounds of comments and also the quickness in which we were able to last respond (estimate 1 - 4 days).

Deduction 2: Quickness in response indicates comments are short and nit-picking. Our responses are minor, some were re-stating what was already submitted. First round of comments took us some 2 weeks to respond back in early august I believe, they are now 1-4 days.



Prose 3: RO has gone into some sort of vow of silence in the 11th hour where this is "handled through legal". Everyone is aware of FINRA quick to come back with comments no later than 2 weeks.

Deduction 3: RO can no longer say "FINRA has it" because its no longer with FINRA and its approved, ball is back in our court to choose an effective date. Maybe we already have an effective day selected which it would be improper for RO to comment or suggest on. RO maybe has no idea what is going on, but I think its more practical to believe that he is well-connected (as he has been) and is legally obligated not to comment on this phase.





I agree because it was my understanding that if they needed more information or there was further push back it would've come out yesterday