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Re: watchful eye 33 post# 99082

Wednesday, 06/06/2018 4:02:01 PM

Wednesday, June 06, 2018 4:02:01 PM

Post# of 108590
Volume aside, I have been studying up on the 356 page SEA 1934 legislation SPCL is now under. So far we have been given the most time allotted for the violation, with the least amount of sanctions that could be rendered. The only way the SEC would be this lenient is if they think we are NOT fraudulent, & are currently working with the SEC to become current. The only Press Reliese allowed currently, & is encouraged by the SEC is to state that there is a chance that investors could loose their investment, & that they are working with the SEC to be current. So far the only action that SPCL has not taken is making a Press Reliese. For the extension to be granted and only a 10 day halt, loss of Market Makers is the smallest sanction the SEC is allowed to give to the Violation. If what I said was not true, the harshest sanction would be when we received the 10 day halt, there would have been a revocation of our ticker ... no trading after the fact ... poof gone. So since all the sines point to SPCL putting forth effort, I believe complete revocation of the ticker wont happen.

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