Janice, a question for you regarding the attention from the SEC. You know all about the Andiamo (ANDI) saga.
W. White and M. Starkweather were busted but there were quite a few tentacles attached to that scam, namely, Jason Steinberg, Darryl Green, Donald Keer, etc. By their own words, the SEC investigation was still pending as of March of this year (link at bottom, courtesy of nodummy). The question >>
Why in the world would the SEC not have suspended ANDI as soon as they notified the public their investigation was still going on? It is intuitive to me that NO trading should have been allowed by the SEC. But the SEC allowed trading to continue.
A few months ago I tried warning on the ANDI board about the hazard of buying ANDI shares, all things considered. Sure enough, folks kept slapping the ask as if some miracle was about to happen.
Sept. 28 came and there was no one home at ANDI to bring the ticker current. Not only was ANDI not suspended on the 28th, but they were moved to the expert market where shares could still be traded. Do you have an opinion on what the SEC was thinking by allowing trading of ANDI? Or is the simple answer being ANDI not an SEC registrant and the SEC didn't care? >>