Premier Investment Properties, Inc (PIPI)

[Sheeple O Plenty]

Sorry to jump into the middle of this, I know a lot of you have money tied up here and that sucks. I've been involved in one or two stocks that were halted and its not a good feeling, especially since it brings in the "told you so crowd."

Hardwood, I completely agree with you in the sense that a trading halt is too difficult for most companies to recover from.

The SEC should have other ways of protecting the public without making it so incredibly difficult for the halted company to return.

With that said, if the company was intentionally falsifying information, then their assets should be redistributed back to shareholders, and the principles should forfeit all of their posessions as they have defrauded individuals.

The SEC feels the need to shut down a company like this, but yet they allow Washington Mutual bank stock to trade for years after the company went bankrupt and was purchased in whole by another company.

This "protection" is not protection it's enforcement. And a lot of perfectly good people get damaged since there it is virtually impossible for a company to recover from a Halt.