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Re: k_trader post# 20910

Thursday, 11/18/2010 10:17:15 AM

Thursday, November 18, 2010 10:17:15 AM

Post# of 26968
FINRA has nothing to do with trading suspensions. AVTI is still registered with the SEC and required to file timely periodic reports PERIOD. It's the LAW. Many companies reverse split to get the number of shareholders of record under 300 and file a form 15 immediately afterwords, which is required for deregistration. The problem now is FINRA rule 6490 can deny reverse splits. Penny stocks are going to start disappearing like the plague. Also, the SEC has formed a new department which only focuses on penny stocks.

It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Epicus Communications Group, Inc. because it has not filed any periodic reports since the period ended November 30, 2007.