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Re: None

Saturday, 09/29/2007 3:04:45 PM

Saturday, September 29, 2007 3:04:45 PM

Post# of 38584
Don't invest any further in this for now. I received a letter from my broker the other day advising me to call them in regards to investing in OTC stocks and those on the Pink. I called them and spoke in great detail about some of my investments. Will not name my broker at this time but I also brought to their attention that I was lucky to sell almost all my SOMPF shares at .26 when they first became able to trade. I explained that alot of people have problems now and luckily I got rid of all mine except 1000 shares. When they asked why I only kept the 1000 if I felt the way I did, I went on to explain the the restrictions had changed and that I could only sell in 5K lots. They are now going to invesitagate into things for me regarding EQBM and SOMA. They advised me not to invest anything further into these stocks. This transpired on Friday afternoon. They said they will get back to me ASAP once they look into things.
I never expected my broker to go out of their way to do this and I didn't even ask them to but they say alot of illegal stuff goes on with OTC stocks and things are changing with how some brokers see and deal with this activity and alot of brokers are beginning to advise their clients of the high risks even though we may already be aware of what happens anyway. Not sure if this is a new regulation or an action due in part with the SEC but I'm definitely glad to see they are going to investigate this situation on my behalf. I hope they find something on Larry that causes him to fry or at least share a cell with Mr. Black. I'm definetly glad that I sold off on almost all my SOMA shares, as they gave me back most of my initial investment. Now only stuck with a couple of SOMA shares and a bunch of EQBM shares. If something ever happens with that, then at least that's just gravy and if not I'm only out a few $'s now. Sorry for those of you who weren't able to get rid of you SOMPF shares. Will be sure to keep my name out for Larry and to avoid anything further that has his name on is.







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