Saturday, November 13, 2010 9:34:00 AM
You might want to call them and see how high Quasar is actually on their list. I think you may be surprised as a matter of fact most here who believe everything is just great in Florida will be in for a real awakening.
That's odd considering two posts later ...
With every stock suspension and halt has the SEC ever released proof before it happened? NO!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56663246
And funnier still, prior to all this ...
From Scotchontherocksfla -
Quote:
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I have yet to have anyone prove to me that our past CEO did anything illegal
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(Financier response)
You are not the proper authorities so why would anyone have to show proof of illegal activities to you?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56663163
What really happens in a suspension?
"Why couldn't the SEC forewarn me that it was about to suspend trading before I bought the security in the first place?
The SEC cannot announce that it's working on a suspension. We conduct this work confidentially to maintain our effectiveness and to guard against the destruction of evidence if our work becomes widely known. Confidentiality also protects a company and its shareholders if the SEC ultimately decides not to issue a trading suspension. Mindful of the seriousness of suspensions, the SEC moves as quickly as possible when it considers a trading suspension.
How will we handle your complaint?
We'll take the following steps when we get your complaint:
We will analyze your complaint and decide if we need to refer it to our Division of Enforcement, another SEC office, or another regulator's office. Our Division of Enforcement conducts investigations, but our office does not. The SEC generally conducts investigations confidentially. As a result, the SEC will neither confirm nor deny the existence of any investigation.
There is a very current example of this happening right now with a certain penny stock and associated board who has quite a following and goes by the moniker of a certain TV character.
But everything else stated above is a complete contradiction to how they actually work.
