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Saturday, December 23, 2006 4:49:56 PM
As I said yesterday, the OSC could order Canadian brokerages not to fill orders for SLJB shareholders resident in Ontario. Since SLJB doesn't trade in Canada, that's all they could officially do, as far as I know. The Saskatchewan authorities did that with CMKX.
Show them that the majority of ALL shareholders strongly oppose a trading halt until the company has been given a fair chance.
The company's been given every chance in the world. Presumably audited financials would have made the situation clear. They promised those financials for months, and in the end didn't produce them.
So far there's been no SEC intervention that we know of. We do know that the RCMP questioned Petar, and that the RCMP was in touch with the OSC. Is the OSC investigating? Again, we don't know, but I'd say probably it is.
None of that happens if you don't screw up somewhere along the way.
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