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Re: thepennyking post# 233

Sunday, 03/14/2004 11:46:14 PM

Sunday, March 14, 2004 11:46:14 PM

Post# of 548
I have written many times on RB that I send material to the SEC. I've sent reports about apparently fraudulent stocks to other regulators and to the FBI as well. Here is the result of one of those civic-minded reports:

http://www.sec.gov/litigation/admin/34-45055.htm

I've never been compensated in any form for posting, or for my research efforts to uncover the realities of penny trash stocks. I don't believe that there are 'finder fees' being paid to citizens who report suspicious activities to the authorities. I personally wouldn't accept any even if they were available.

Here are a few links you may find useful:

SEC:
http://www.sec.gov/complaint.shtml

FBI:
http://sanfrancisco.fbi.gov/securitiesfraud.htm

NASAA:
http://www.nasaa.org/nasaa/enforcement/cf_report.asp

As you can plainly see, each of these organizations actively encourages participation by the general public. Maybe if you would consider such participation as a kind of securities 'neighborhood watch', it will make more sense to you.

By the way, g! There is no need to threaten me. If you think you know who I am, pick up the phone and call so we can have a nice chat.


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