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Re: Future Doc post# 2774

Sunday, 02/13/2011 2:00:12 PM

Sunday, February 13, 2011 2:00:12 PM

Post# of 30046
Future doc stated: " Won't the SEC ask them to file a new S1 then? Also, why was the previous one not approved?"


I sort of doubt the SEC will do the research to actually see they defaulted on their loans. IMO, the SEC is overwhelmed with all the filings, etc. Also, they go after headlines, i.e. Martha Stewart.

As for the previous S1 that was never approved, I do not know but it is highly unusual for an S1 to be pending for almost 9 months and then withdrawn.

I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.

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