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Re: SmithwicksDC post# 1794

Thursday, 03/22/2007 10:52:57 AM

Thursday, March 22, 2007 10:52:57 AM

Post# of 33721
Just an FYI, the SEC will not comment no matter what, if the stock is clean or not. The SEC errs on the side of making it sound like they are always 100% on target by saying "the company may still have serious legal problems," because the don't want to be doubted. Avoiding a legal suit is paramount for them, so it is in their best interest to sound correct and untouchable in all situations. They don't want to be doubted (like all govt entities) and they don't want anyone to know it when they've screwed up. Hence, they will not comment and they will avoid lawsuits at all costs. Making it continue to appear that there might be a problem with DCBI, ad infitum, is what allows their supposed "investigation" to continue (even when its long over with) and prevents DCBI from saying "you screwed us with no evidence and a half-assed investigation, we’re suing" This is how government entities work. Its called "covering your ass."

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