Top Ships Inc (TOPS)

[keekee]

SIMPLE SUMMARY FOR THE SEC AND SROs, AND LAW ENFORCEMENT:

"You know, some of market makers here were able to know our trading identity by the numbers and times of purchases we publish. They shared this data and conspired to trade against us...even to the point of ridiculousness and criminality. That helped us to but some cool PFDs here around $3. They haven't given up. And there is an active SEC complaint specifically on this now. We post this information for folks to know what happens in this business. A lot of criminals or people that have a great dislike for law and regulation, were hired as market specialists and they just follow the criminal way...using institutional resources. They share information about their targets with other associated market makers and the system and all its orderliness continues to suffer. The SROs are incapable of policing these criminal specialists. And we hope that the SEC can, though that is a far cry, given the explosion in the securities industry these days. Individual investors' actions like the campaign we are spearheading may be the ultimate: IF YOU SEE SOMETHING, SAY SOMETHING! Slowly the long arm of the law will catch up to these criminal specialists!!!"