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Re: A deleted message

Thursday, 01/14/2010 11:16:36 AM

Thursday, January 14, 2010 11:16:36 AM

Post# of 346917
The SEC's announcement provided for the initial suspension period, ending on 12/31 for SMAS. There has been no subsequent announcement, either on the SEC website or Scottrade's quote page, suggesting that the suspension was extended "til further notice". If you EVER see such an extension please post it.


Well if anyone wants as example of how the SEC handles matters with a company that has REALLY done something wrong, look at SMAS--lot of similar charges with this one yet the suspension of trading was planned to to terminate December 31 at 11:59pm, but didn't--still suspended til further notice. Point being, SPNG didn't have a problem resuming trading as scheduled--Maybe because the SEC knew they couldn't find any proof of the alleged wrong doing.(just one example)

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