InvestorsHub Logo
Followers 88
Posts 5985
Boards Moderated 0
Alias Born 03/19/2007

Re: puppydotcom post# 272361

Sunday, 12/27/2009 4:39:02 PM

Sunday, December 27, 2009 4:39:02 PM

Post# of 346919
You take the easy step. When a company doesn,t report you are right, however in the case of SPNG we have another story. The licence of their auditor has been revoked. The company for delayed filing got an E. Then we got NY-Post - etc. and then the mess started. Under normal circumstances, SPNG just would have moved back to Pink with all their marketmakers - happens a lot - and we would have had a regular market on Pink with a "non-reporting company. What happend to SPNG, they go never this chance, they just go delisted and therefore they ended on the Grey. It is that simple and we should keep it simple.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.