SEC Suspensions & Revocations

[Mr. Bill]

LOL you mean GVRP / MAMG - a 3M to 1 FS gone bad ?

With a Max OS of 100M they could have 33 shares

LOL - ROTFLMAO - Oops insiders sold 128K shares in advance of the 3M to 1 FS with shares attached...

Per SEC rules (i think 18b something lol) if someone sells a stock with a large dividend attached they are responsible for the dividend

Instead of making those whose errored pay - by buying back in the marketplace - per the rules - they suspended it to the greys and never did make those with a short position cover....

a company sold 128k/33 or 3800 times - in a naked short -

all the insiders got was a slap on the risk and they still got to keep their money

i owned he company 30 times - had 3B shares

oh wait that was back in 2005 lol

still pissed as hell - and appropriately so - the day the market (with 100% loss of integrity) DIED