The Golden Lounge

[Stock]

The Pink Sheets CEO whining about previous regulatory gaps?? Remember, companies on the Pink Sheets are "non-filers by choice" they are there for the sole purpose of AVOIDING regulation and filing requirements.

This letter is disingenuous hypocracy. The Pink Sheets wants more regulatory authority? Like to halt shady operators and misinformation from being a factor in their market? Ha ha -- right! Whey the hell do you think the damn thing exists? The Pink Sheets exists solely on the principle of laissez-faire taken to the bloody extreme.

http://education.yahoo.com/reference/encyclopedia/entry?id=26946

Oh, and I'm sure the head cheese at the Pink Sheets R. Cromwell Coulson carries a lot of sway with the SEC. So that letter will get prompt attention at the rafters of the SEC. They can turn it into a paper airplane up there on the top floor, throw it off the roof, and see how far it flies...

The KEY PHRASE in the whole thing is this, and only this:

...Pink Sheets is not a regulator and has no authority to cause that result...

The Pink Sheets liontamer is trying to calm the savage beasts that make a market with them. This has got to have made their coven very nervous -- and now their Chairman is calling for more regulation?

Unreal. Zwilight Zone stuff.