Monday, January 25, 2010 10:28:57 AM
As indeed is the postponement of another event - the reverse stock split and then the issue of a "stock dividend".
This PR is also silent on the recently announced proposed merger with a "coal and energy" company, and the acquisition of a pellet mill based in New England.
Doubtless both these lies will be revived at a convenient time for arch fraudster Mr. Joseph Murray, CEO of this palpably fraudulent company.
While I appreciate that SEC are busy, and also that frankly they aren't very good at doing what they're meant to do, I sometimes wonder if an ambitious post room operative there couldn't make a name for him or herself by going after these obvious scams like GRGR, BIPH, NNAN, CBTE and LLEG.
It would only take day or so's effort for each such stock, and would at least suggest that SEC gave a damn about suggesting there's some concept of regulation in the markets.
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