Operation Spamalot

[righty]

from the etmo board
Posted by: WillyBoyXXX
In reply to: uwlungman who wrote msg# 27367 Date:7/4/2007 9:08:34 AM
Post #of 27381

The SEC perform those mass halts pretty routinely - about twice a year. It's a way for them to garner a little self-serving publicity. And, they're pretty careful about which companies they halt, for whatever popular reason they give. Being, as they are, a fairly useless bureaucracy composed and directed by last-in-their-class CPA's and lawyers, the last thing they want is a company with both the muscle (ie. a shark SEC lawyer) to mess with them, and the minimal transparency the The Pink Sheets requires. The SEC in the case of those 35 companies accused of spamming were only halted for ten trading days, but The Pink Sheets, a private entity, booted all 35 from their venue, and all now trade in grey sheet limbo.

I haven't had ETMO on my radar lately and just noticed The Pink Sheets has removed the quote.

http://www.pinksheets.com/quote/quote.jsp?symbol=ETMO

I hope this is old news for you guys and it's being addressed. GLTA