InvestorsHub Logo
Followers 931
Posts 25797
Boards Moderated 1
Alias Born 03/04/2010

Re: None

Monday, 01/13/2020 4:03:14 PM

Monday, January 13, 2020 4:03:14 PM

Post# of 31658
By law, the SEC must deliver notice by mail.

According to the order, mail was delivered.

The SEC Agent in charge has sent a copy of the letter delivered to the ELTZ attorney, and it lists the WRONG ADDRESS that is on file with the SEC AND it lists a signature for delivery that is not the CEO's. The letter was never delivered, and would therefore be a material misstatement in the order of suspension.

ELTZ also filed an 8k in Dec and had already started the audit.

The attorney for ELTZ thinks that these things combined will result in a lifting of the suspension immediately.

Stay tuned.


Greed is good

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.