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Re: rocket18 post# 322342

Wednesday, 01/10/2018 8:16:20 AM

Wednesday, January 10, 2018 8:16:20 AM

Post# of 326338
rocket: There are three reasons. In order of importance, a) NeoMedia did not properly notify the SEC that they closed, b) the US government is not efficient in figuring out a company closed, c) you can sell idiots shares in a company that does not exist.

However, eventually, the government will figure out NeoMedia went bust. At that time, FINRA will shut down the symbol. The SEC will respond by suspending trading.

After that announcement by the SEC, holders will try to sell their shares in the few hours left. The stock will experience the highest trading in years, but the shares will never settle.

The upside is the holders will be 'locked and loaded' forever. Their trading accounts will be suspended for fraud, but eventually they will be allowed to trade again.

All of that is a guarantee.

“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw