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Re: jetpilot1101 post# 7233

Wednesday, 07/20/2011 7:47:49 AM

Wednesday, July 20, 2011 7:47:49 AM

Post# of 11648
When the hammer finally comes down (which may be years), only then will the lunacy begin to wane.

Apparently, the SEC applies the "innocent until proven guilty" mantra liberally! Look at SpongeTech (SPNGQ) for instance. How/why that hasn't been revoked yet is beyond me!

There are such obvious and "no brainer" scams out there, but they persist on the market, and are still allowed to "trade".

I don't want to give big government more "police state" powers, but the SEC needs to step up their game, get into the 21st century, and update their rules, regulations, laws and enforcement!

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