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Re: drugmanrx post# 59930

Friday, 01/03/2025 6:41:03 AM

Friday, January 03, 2025 6:41:03 AM

Post# of 61466
First of all the SEC has to become aware that the press release or 8K is materially false to begin with. The SEC doesn't check that the press release or 8K is being truthful.

I've seen countless press releases and 8Ks full of lies that the SEC never forces the company to correct or take down because it's not the SEC's job to check for truthfullness in 8Ks and press releases. It's the company's job to do that and SAPX is being run by scammers.

https://www.sec.gov/rules-regulations/statutes-regulations

While the SEC requires that the information provided be accurate, it does not guarantee it.



Second, the Lionsgate "deal" according to SAPX, is predicated on SAPX becoming current through a Form 10 approved by the SEC/FINRA - something SAPX will never be able to do because of all of its missing financial statements.

Third, at the end of the day, we'll see who is correct that the Liongate "deal" is real or not. I'm confident that I'm right that the Liongate "deal" is a total scam, especially with SAPX being run by documented scammers.
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