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Re: holter49 post# 57224

Monday, 08/23/2021 11:12:29 AM

Monday, August 23, 2021 11:12:29 AM

Post# of 64409
The SEC sent Deitsch a letter informing him that NPHC would be suspended if he didn't get the company current. He didn't do it to get the company moving in the right direction.

"That being said, I do believe in what the CEO is doing to get this company moving in the right direction to increase shareholder equity. My bigger concern is when the company will get the SEC Spoilers off of their back. You would think as petty as the charges are they would of been thrown out of the court by now."

A CEO manipulating the price is a extremely serious charge and it certainly isn't petty - two brokerage firms shut down his accounts because of his fraudulent activity.

This is exactly how it will end - Deitsch will settle with the SEC and be banned from any involvement in securities.

IG

The First Casualty of Emotion is Reason.