DD Support Board and Research Team

[janice shell]

If any of you think these new rules will stop penny stock scams that’s laughable. These shysters will just file some BS fins, get an ambulance chaser lawyer to sign, and pump away for 6 months.

The SEC, while often in the dark about penny stocks, isn't THAT stupid. The original idea was simply to force dark companies to make some kind of disclosure. That way, the SEC will have a starting point for an investigation, should they feel it's necessary. And if the company in question lies in its disclosure, they'll have something to charge its management with. When a company's dark, it says nothing, and so is liable for nothing.