Friday, November 05, 2010 12:00:49 AM
anyone with any gray matter can understand that they can do basic investigation before suspending a stock, and that they don't like to suspend stocks (for many reasons).
i think things are a lot simpler than most would believe too:
1. 40 million windfall
2. will be used to pay a divi
3. opps no divi
4. hmm, no 40 million on the financial report (although the windfall was PRed in sept)
so, if there is no $40 million, there is fraud (PRing you will pay a divi with money you don't have)
as far as the MOnk's Den stuff, well that i have no idea...that will be the messy part due to his past as a paid promoter and the time-line of events/relationships with companies he was pushing...so no idea what will happen with that
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