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Re: None

Monday, 06/07/2010 7:54:05 AM

Monday, June 07, 2010 7:54:05 AM

Post# of 22746
I have realized you really can't make people "get it" when they are at this point and want to believe. So after this I'm going to stop posting here and elsewhere. But, contrary to what most of you probably think I'll part with some, though little encouragement.

First, my apology, I couldn't quite remember the circumstances with CTIC when someone else posted they had resumed traded from a suspension and quickly went from .0008 to 2.00. I went back and checked. They had a brief "halt" under another section of the sec provisions because Italy had briefly halted them. THey got that cleared in Italy so resumed trading on their pre-halt board. Not in any way similar to recovering from a suspension.

But, what I will point out with ACLH. They were suspended for issues clearly related PR's, about BP issues. It had nothing to do with their financials, which were up date with filing at that point. SO what I'm thinking, the hurtles to resume trading on the pinks mostly deal with MM's having current financial info, which really isn't the issue with ACLH. So, I really don't know how difficult getting through the 211 process with MM's would be when the issue isn't the financials. I can't find a company that has had to come back from that. You wouldn't think that would be too difficult nor time consuming. These who guys say the process "takes months or years" give no examples which we can go back and compare to so I don't put any weight on that. So, this might be some hope that the road home might not be as long was one would think. So there you have it, Mentorman said something that might shine hope on this situation. I'll watch from the sidelines from here on out.
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