The Golden Lounge

[SSP]

Penny stock players know about scams, and take their lumps when they get stuck in a pump and dump, end up holding the bag, they either sell at a loss, or hang on in case the scammers run it again before they pull off a huge reverse split. Those kind of scams are understood and are let to slide through their skimming ways and are not challenged much nor do the players take a serious stand against such tactics, they move on, part of the game.

GVRP is a unique situation, so it can't be lumped into a basic pinksheet scam, it's a problem with a system that needs to be resolved. Shares sold with due bills attached that have failed delivery is the problem - the market regulators must resolve this problem, and in such a way that if no one gets anything from this, then NO one does, meaning not even the insider. I sincerely hope the trades in that account didn't settle, and the cash is frozen, like many other accounts are going through, fair is fair.

I trust the sec will give the incident serious consideration when they mull over the facts, and proper litigation is followed through, and hopefully we'll be reading something about GVRP here, http://www.sec.gov/litigation.shtml

Personally I went in this situation with the notion that I may be throwing my money away, #msg-6368562 "who knows maybe I just threw money away lol!" And to me it's not about the money here, I have money, it's the abuse going on that's insulting the USA Securities Industry!

Many rules were broken, we all know which ones, if nothing is done, then a precedent is set......