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Re: TenKay post# 6280

Saturday, 09/29/2018 12:24:34 PM

Saturday, September 29, 2018 12:24:34 PM

Post# of 32145
My thought would be that people got the inference that the case would be settled on the 5th completely and were leveraging pps in a way so that it directly reflects what a favorable court outcome would be on a 9 year case this caught the attention of the sec and they stepped in and suspended the ticker till after the summary judgment is complete. Like you said they can suspend for a max of 10 days that's max they can also suspend for 4 and 7 I have seen so why extend a lengthy suspension to a company they feel had wrong doing unless they were trying to basically halt the ticker for a cool down essentially past the court date to allow people to apply more dd and realistic pps value. The otc is what it is if this have a larger ss I think the sec would have let it run longer past the court date as the pps swings would not be so large. Just a opinion I have been thinking on lately also