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Re: 514 post# 82389

Friday, 11/05/2010 12:00:49 AM

Friday, November 05, 2010 12:00:49 AM

Post# of 111214
of course...the SEC doesn't suspend stock on a whim to check things out. they have already found enough that they feel a suspension is needed.

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