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Re: lucky, mydog post# 63886

Tuesday, 02/20/2007 7:58:52 PM

Tuesday, February 20, 2007 7:58:52 PM

Post# of 82841
Seabiscuit is right.... from the SEC website... I'll post the link in a minute... Man I feel like slorke right now.

"Investigations by the SEC
The SEC generally conducts investigations confidentially for two main reasons. First, we can conduct investigations more effectively if they are not announced publicly. For instance, important documents and evidence can be destroyed quickly if people hear of an investigation. Second, investigations are kept confidential to protect the reputations of companies and individuals if we find no wrongdoing or decide we cannot bring a successful action against them. As a result, the SEC will not typically confirm or deny the existence of an investigation unless, and until, it becomes a matter of public record.

An investigation becomes public when the SEC files an action in court or in its internal administrative process. You can find information about public enforcement actions on our Web site."

IMHO this states that the investigation becomes formal or announced once it is a matter of public record. The initial contact from the SEC was informal and then became formal once the suspension occurred




NOTE TO JIM

Prove that there has been no dilution and lower the AS back to 1 billion!!! Or are we still in acquisition mode? lol

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