AI
Friday, January 08, 2010 8:16:18 PM
Thank you.
Mike, et al….
The involved task force (composed primarily of securities enforcement attorneys) is empowered to complete the investigation. Complete with general power of subpoena at hand. With any resultant recommendation of enforcement action being just that. A recommendation. To the Commission. And if the Commission is in general agreement, per the overall findings, authorization will be granted. The involved task force empowered to proceed relative to actual enforcement action.
Management obligated to file the Form 8-K. Material company event circumstance. Timely, full and fair disclosure as per SEC rules/regs. (Our ignoring the fact of current trading venue status.) Noting that the filing made no direct mention of management being in disagreement, to any degree, with the stated recommendation therein.
The upshot being that, as we've heard from a number of sources recently, a resolution has been successfully negotiated. The arrival of the Wells notice part of the settlement. Signifying actual implementation. The sending of a Wells notice being a matter of volition for the Commission and not a legal requirement.
No enforcement action to be taken against the company itself. Meaning that the numbers are sound. No need for any material restatement(s) as talked about. With management themselves to pay a collective civil penalty in the form of a fine.
With the whole of it adding up. Entirely fitting.
The Wells notice making no direct reference to any matter of fraud. No recommendation that the launching of a law suit be authorized. No reference to any matter of personal enrichment. Of ill-gotten gain. So on.
Noting that in concert with no call for disgorgement in any form/to any degree, etc. there has arrived to-date no formal retraction(s) regarding fundamental and operational detail as outlined per the company's various websites, numerous issued PR's and SEC submissions i.e., filings, etc.
A done deal being what we're talking about. A successful resolution/settlement. A satisfactory outcome in the view of all involved parties. Nothing egregious. Nothing criminal.
With it coming as no surprise that management would be in ongoing discussion with the Commission as the investigation progressed toward finality. Working on a resolution/settlement. A mutually satisfactory end. While as for those oft-mentioned documents formally filed weeks ago? The existence of a massive phantom float made plain?
And a controlled buy-in?
A far-reaching satisfactory resolution/settlement?
Well, certainly, it's a matter in the overall of having far transcended the earlier reality. Being all we can say on the subject, with any degree of certainty, as of this writing. The company's greatest detectors at this point, as talked about, simply spinning those proverbial wheels. Going absolutely nowhere. Any/all traction entirely lost. An exercise in futility. The final nail in the coffin on the way. The undeniable. Numbers both audited and not so.
And just how believable will be the, doubtless to come, mind-bending claims of said numbers representing fantasy at best? The pending arrival graven in stone. Saying all same has to/needs to about the involved.
'Nuff said.
As for timing? The whole of it?
What's of greatest import is that the whole of it does get amicably resolved/settled. America's Cleaning Company and a collective great weight lifted. Market level free to ascend in line with the to-smile-about ongoing numbers picture. Period-over-period advancement. The FINRA roadblock cleared. Back to being OTCBB quoted. Back to our interim High of $0.2851 and far fittingly beyond.
With the mention made to date being that said roadblock will be cleared much sooner than later.
It remaining to be seen whether it will be a matter of putting the cart before the horse as far as the numbers are concerned.
Wondering to what extent management, and company BoD otherwise, have advantaged/will advantage, as our good friend NAR so rightly and eloquently states, a golden entering/adding opportunity. One not to be ignored/spurned. Having smartly loaded up. Filing(s) to come.
With, as talked about, trading levels in the $1.00 area obviating the need for a reverse split of any magnitude. An NCM listing successfully achieved. Minimum Bid price requirement waiver secured.
The shareholder respectful.
The future wide open.
Wondering, additionally, if Pike management sought any formal assurance(s) of no consolidation of the outstanding stock before loading up as tellingly as they have.
And small wonder indeed, hmm?
Kelly…
The company's products being in the marketplace. Global reality. Saying all same has to/needs to. The reality of Dicon. Letting those blood vessels pop. Those gaskets blow. The inane rest of it. Wild imaginings being what they are. Self-destructive.
As for the reading of one another's musings?
A personal judgment call. One either finding value or no. The Psych 101 games aside.
No arm-twisting involved.
Jay...
"something went horribly right with SPNG"
lol
A hello to you and thanks for the laugh.
Always a pleasure.
And agreed. The VAEV goings-on telling us much.
As for PROT?
Not "Roger Finley" but Roger Fidler. Mr. Pensley suffering ill health as you say. Having acted as general and special securities counsel for a number of public companies. With tying it all together being an interesting pursuit indeed. The man's professional history a tad checkered for sure.
As for that 'little something telling'?
A matter of business as usual. Not all lines of communication having been shut down. A simple matter of continued due diligence.
What it's all about.
Minimizing risk while maximizing potential reward.
The name of the game.
The reward on this one to be truly massive.
One for the record books as Pike management will readily attest.
And you're welcome.
Kij...
A massive selloff I tell ya!!!
Mindless bailing!!!
http://stockcharts.com/h-sc/ui?s=SPNG&p=D&yr=0&mn=1&dy=0&id=p74456084873
Mike, et al….
The involved task force (composed primarily of securities enforcement attorneys) is empowered to complete the investigation. Complete with general power of subpoena at hand. With any resultant recommendation of enforcement action being just that. A recommendation. To the Commission. And if the Commission is in general agreement, per the overall findings, authorization will be granted. The involved task force empowered to proceed relative to actual enforcement action.
Management obligated to file the Form 8-K. Material company event circumstance. Timely, full and fair disclosure as per SEC rules/regs. (Our ignoring the fact of current trading venue status.) Noting that the filing made no direct mention of management being in disagreement, to any degree, with the stated recommendation therein.
The upshot being that, as we've heard from a number of sources recently, a resolution has been successfully negotiated. The arrival of the Wells notice part of the settlement. Signifying actual implementation. The sending of a Wells notice being a matter of volition for the Commission and not a legal requirement.
No enforcement action to be taken against the company itself. Meaning that the numbers are sound. No need for any material restatement(s) as talked about. With management themselves to pay a collective civil penalty in the form of a fine.
With the whole of it adding up. Entirely fitting.
The Wells notice making no direct reference to any matter of fraud. No recommendation that the launching of a law suit be authorized. No reference to any matter of personal enrichment. Of ill-gotten gain. So on.
Noting that in concert with no call for disgorgement in any form/to any degree, etc. there has arrived to-date no formal retraction(s) regarding fundamental and operational detail as outlined per the company's various websites, numerous issued PR's and SEC submissions i.e., filings, etc.
A done deal being what we're talking about. A successful resolution/settlement. A satisfactory outcome in the view of all involved parties. Nothing egregious. Nothing criminal.
With it coming as no surprise that management would be in ongoing discussion with the Commission as the investigation progressed toward finality. Working on a resolution/settlement. A mutually satisfactory end. While as for those oft-mentioned documents formally filed weeks ago? The existence of a massive phantom float made plain?
And a controlled buy-in?
A far-reaching satisfactory resolution/settlement?
Well, certainly, it's a matter in the overall of having far transcended the earlier reality. Being all we can say on the subject, with any degree of certainty, as of this writing. The company's greatest detectors at this point, as talked about, simply spinning those proverbial wheels. Going absolutely nowhere. Any/all traction entirely lost. An exercise in futility. The final nail in the coffin on the way. The undeniable. Numbers both audited and not so.
And just how believable will be the, doubtless to come, mind-bending claims of said numbers representing fantasy at best? The pending arrival graven in stone. Saying all same has to/needs to about the involved.
'Nuff said.
As for timing? The whole of it?
What's of greatest import is that the whole of it does get amicably resolved/settled. America's Cleaning Company and a collective great weight lifted. Market level free to ascend in line with the to-smile-about ongoing numbers picture. Period-over-period advancement. The FINRA roadblock cleared. Back to being OTCBB quoted. Back to our interim High of $0.2851 and far fittingly beyond.
With the mention made to date being that said roadblock will be cleared much sooner than later.
It remaining to be seen whether it will be a matter of putting the cart before the horse as far as the numbers are concerned.
Wondering to what extent management, and company BoD otherwise, have advantaged/will advantage, as our good friend NAR so rightly and eloquently states, a golden entering/adding opportunity. One not to be ignored/spurned. Having smartly loaded up. Filing(s) to come.
With, as talked about, trading levels in the $1.00 area obviating the need for a reverse split of any magnitude. An NCM listing successfully achieved. Minimum Bid price requirement waiver secured.
The shareholder respectful.
The future wide open.
Wondering, additionally, if Pike management sought any formal assurance(s) of no consolidation of the outstanding stock before loading up as tellingly as they have.
And small wonder indeed, hmm?
Kelly…
The company's products being in the marketplace. Global reality. Saying all same has to/needs to. The reality of Dicon. Letting those blood vessels pop. Those gaskets blow. The inane rest of it. Wild imaginings being what they are. Self-destructive.
As for the reading of one another's musings?
A personal judgment call. One either finding value or no. The Psych 101 games aside.
No arm-twisting involved.
Jay...
"something went horribly right with SPNG"
lol
A hello to you and thanks for the laugh.
Always a pleasure.
And agreed. The VAEV goings-on telling us much.
As for PROT?
Not "Roger Finley" but Roger Fidler. Mr. Pensley suffering ill health as you say. Having acted as general and special securities counsel for a number of public companies. With tying it all together being an interesting pursuit indeed. The man's professional history a tad checkered for sure.
As for that 'little something telling'?
A matter of business as usual. Not all lines of communication having been shut down. A simple matter of continued due diligence.
What it's all about.
Minimizing risk while maximizing potential reward.
The name of the game.
The reward on this one to be truly massive.
One for the record books as Pike management will readily attest.
And you're welcome.
Kij...
A massive selloff I tell ya!!!
Mindless bailing!!!
http://stockcharts.com/h-sc/ui?s=SPNG&p=D&yr=0&mn=1&dy=0&id=p74456084873
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