Spotlight Innovation Inc. (fka STLT)

[Ecomike]

LOL, I have yet to find a company on this planet that does not "break the law". All STLT did was nothing. They are getting castrated for doing nothing.

Shall I list the ones that get away with murder world wide and trade on the big boards here like nothing is wrong?

They do not get their shares revoked.

Novartis committed felony fraud for years going way back and got fined over $100 mil dollars, Their shares still trade.

MM-CDEL got nailed for fraud, for FRAUD, and was allowed to keep stealing money as the top dog market maker.

https://www.sec.gov/news/pressrelease/2017-11.html

I have evidence the SEC is doing a lousy job and taking way too long. Perhaps part of the problem is a lack of funding and new legislation to do a better job, being blocked by folks paying off the congress to sit back and take campaign money. Big board banks that the SEC lets trade are living off of loans to toxic loan pay day scams milking people with old MOB-style shark loans with 2000% + interest per year loans, or is per month??

"That is total bullshit. The SEC has in fact been doing a good deal to try to get the toxic funders out of the market in the last six years and more."

There are so many old laws on the books, that have never been removed, a cop can arrest people and select 50-100 BS charges against them and arrest them and lock them up for the craziest shit.

Be glad to share examples? I once successfully defended a company and its owner from an out of control special kind of cop..... that thought he was judge and jury .... Been there done that. He was 100% wrong....

By the way, regulations are not laws. SEC enforces regulations that the SEC writes, that are its interpretation of the law written by congress. Only a judge can decide if the reg is legitimate and if it was breaking the law. Most people and companies do not have the resources to go to court. And they frequently get screwed by Gov officials because of it, or murdered by a cop.....who is having a bad day, that gets away with it because he or she is a cop.

I am sure many good people try their best to do good jobs at the SEC. But it is hard to get the job done while hand cuffed.....

And don't even get me started about lawyers LOLOL.

What is wrong with being able to keep and hold my shares till hell freezes over in hopes the company survives and gets going again? What gives the SEC the right to destroy my shares or the value of them? The market already knows the firm is late reporting.

Now if they had tried to pump and dump millions of shares with out financials? Yes it is fair game.


I think lotteries should be illegal. And Tobacco....