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Re: prayer post# 94767

Thursday, 06/09/2011 5:30:22 PM

Thursday, June 09, 2011 5:30:22 PM

Post# of 103302
Simple answer. One can make the argument that without manipulation/misrepresentation the stock would have declined significantly thereby dissuading new investors from purchasing shares or existing shareholders from adding more. Keep in mind, the SEC uses the investor rather than shareholder. The suspension action is taken to prevent investors from becoming shareholders.

The word "question" is used by the SEC in all the suspensions I have read. Lawyers are well acquainted with the old adage, "Never ask a question to which you don't already know the answer." The SEC has performed its initial investigation and gathered enough evidence to issue the suspension to prevent further damage to the investing public through the issuance of new shares. It will now approach the company to have those questions answered.

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