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Re: SuperDrive post# 77718

Wednesday, 04/06/2011 12:07:44 PM

Wednesday, April 06, 2011 12:07:44 PM

Post# of 94785
SEC is on a mission, agreed: Delist as many as quick as possible, then sometime this summer announce new regs on listing requirements to basically ban VIEs and other foreign investment structures wherein shareholders don't really have ownership of the company but merely some contractual rights to share profits. If SEC can bring down the market cap of the stocks to be affected on NASDAQ and AMEX by around 75 percent before the regs are issued, there will be less of a shock to the markets. Sort of like, would you like it better if I stab you once a day for 3 months, or just stab you 90 times in one attack event.
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