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Re: brewhof post# 32102

Saturday, 03/05/2011 7:37:50 PM

Saturday, March 05, 2011 7:37:50 PM

Post# of 91121
The otc site further says:

Issuers of OTC securities quoted on the OTC Link system have no duty to provide any information to investors. While many issuers register OTC securities with the Securities and Exchange Commission (SEC) and may provide regular reports to investors in connection with such registration, issuers are not required to maintain such registration or provide such reports because their securities are quoted on OTC Link. Securities may continue to be quoted on the OTC Link system if issuers are delinquent in their reporting obligation to the SEC or other federal or state regulatory agencies. Quotation of a security on the OTC Link system or the Yellow Sheets does not in itself create any ongoing filing or reporting obligations with the SEC for any issuer. In many cases, issuers may not even be aware that their securities are quoted on the OTC Link system.

If you look at my posts from Jan 13-14,otc trading desk slapped cwrn w ce because of a "perceived promotion".
After the 12-30 PR etmm lost control and stock price jumped day to day and intraday causing special interest groups to complain to otcmarkets that there was a promotion.

OTC looked at the rapid price jump and volatility(their words) and it "LOOKED LIKE' there had been a promotion because in over 99% of such cases there is a promotion by multiple penny stock newsletters,so in fulfillment of their duty to protect(such as it is)they slap the ce and ask questions later.

Btw they told me there was no evidence of fraud so the ce has nothing to do w the SEC.