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Re: Mingy post# 295962

Thursday, 02/18/2010 10:30:21 PM

Thursday, February 18, 2010 10:30:21 PM

Post# of 346917
"Are we required to file financials on the grey's????? Please provide link."

That sounds familiar.
Oh, that's right.....it's the same question you asked on 2/3:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46254226
"Can you please provide me a link where it says that a company trading on the greys has to file?"

And the same question that I answered on 2/3:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46254877
"If I may: http://www.law.uc.edu/CCL/34Act/sec13.html

Securities Exchange Act of 1934

Section 13 -- Periodical and Other Reports

Reports by issuer of security; contents

A. Every issuer of a security registered pursuant to section 12 (which SPNG is) shall file with the Commission, in accordance with such rules and regulations as the Commission may prescribe as necessary or appropriate for the proper protection of investors and to insure fair dealing in the security--

1. such information and documents (and such copies thereof) as the Commission shall require to keep reasonably current the information and documents required to be included in or filed with an application
or registration statement filed pursuant to section 12, except that the Commission may not require the filing of any material contract wholly executed before July 1, 1962.

2. such annual reports (and such copies thereof), certified if required by the rules and regulations of the Commission by independent public accountants, and such quarterly reports (and such copies thereof), as the Commission may prescribe. "



Then, after being provided with the above...the link you asked for....you responded with:
http://investorshub.advfn.com/boards/replies.aspx?msg=46254877
"It is my understanding that while we are on the greys, since we are not traded on an exchange, but rather traded among broker dealers, we do not have to file."

That understanding is not correct.

Mingy.....I made the effort to provide you with the link that you wanted. Twice at this point. Persist in your denial if you must, but please stop asking for proof of that which has already been proven.

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