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Re: space1230 post# 17812

Friday, 11/11/2011 10:46:27 AM

Friday, November 11, 2011 10:46:27 AM

Post# of 22918
space I have been doing some research into LEAT as it is a viable example of a stock, suspended, shipped to the greys and then, completed all steps needed to return to the pinks.

Have you also looked into it to see how it is done? I believe you may see a very large gap between what LEAT did, in response to the suspension order and what ANWM is doing.

First of all, LEAT was already providing audited financials to pinksheets, exceeding requirements prior to the suspension. Secondly, the company had an actual structure that included a BOD, a specific product and a viable business plan.

Lastly, the hired a new PR firm as their contnetion was that they were unaware of any spam email campaign. That one may have been a stretch but considering it's a South African company there may have been some disconnect there in regards to the spam email campaign that got them suspended.

So, in short, the company was already somewhat established, had a bonafide product, an established BOD, business operations, a viable business plan that was laready in motion, audited financials and a proactive approach to the suspension. For example, they responded immediately to their shareholders with this statement which set forth a plan moving forward on how the company was going to emerge from the suspension and get back to the solicited quotes.

Perhaps ANWM "management" could learn a thing or two?

Leatt Corporation Response to Temporary 10-Day Trading Halt





CAPE TOWN, SOUTH AFRICA -- (MARKET WIRE) -- March 12, 2007 -- Leatt Corporation (Company) (PINKSHEETS: LEAT), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the developer of the Leatt-Brace™, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that the Company has neither participated in nor condoned any SPAM e-mail campaigns involving the Company, its common shares or any of products. The Company's legal counsel has communicated Dr. Leatt's and the Company's willingness to cooperate fully in the SPAM e-mail investigation to the SEC as well as the Company's lack of involvement in that scheme, which prompted the SEC to temporarily halt trading yesterday in 35 Pink Sheet-traded stocks.

Dr. Christopher Leatt, the founder and president of the Company, stated: "We support any efforts to rid the market of SPAM emails, which are damaging for the entire market and companies like ours, but we are very disappointed and confused by the completely unexpected 10-day trading halt in our stock as a means to attain this goal. Despite the circumstances, I remain confident that the Company is headed in the right direction in terms of our recent global product launch, subsequent sales and our ongoing efforts of growing our distributorships throughout the world for our product and in increasing consumer awareness of our product. We have a product that I believe fills an important safety need in competitive and recreational racing. I am also confident that our investor and public relations efforts have complied with applicable laws and regulations and this current issue will be resolved to everyone's satisfaction. From March 11th through March 25th, I will be traveling in the United States to support the expansion of our distribution network and to promote the Leatt-Brace™ and I appreciate everyone's past and ongoing support of the Company. In addition to making our company's required filings of financial statements and information statements in a timely manner as required on the Pinksheets.com, we would like to let everyone know that the Company ascribes to the best practices of transparency that it can achieve, including the filing of audited financial statements on Pinksheets.com, which exceeds the requirements currently imposed on our Company by Pinksheets.com. I would also like for everyone who may be concerned to know that, weeks ago, the Company, acting in cooperation with a U.S. Broker Dealer, has already submitted disclosure statements and applications (Form 15c211) in order to undergo the process of changing the Company's share status from Unsolicited to Solicited and, as such, we have already received our first round of comments back from the NASD. The Company will seek to continue this process in which a Broker Dealer performs their own investigation into the Company to confirm the legitimacy and operations of the Company, which has already been undertaken."

The Company is unable at this time to predict the potential impact of the SEC's temporary, 10-day trading halt on the Company and holders of its common shares. Leatt Corporation, in association with its legal and support staff, is working diligently to reassure the SEC of the Company's compliance with all applicable laws and regulations and lack of involvement in the SPAM campaign in question. The Company also intends to increase its marketing and sales efforts for the Leatt-Brace™ in response to what the Company regards as increasing consumer and industry awareness of the product. Product sales and all other Company operations are underway and normal.

Investor inquiries about the temporary trading halt may be directed to our legal counsel, Paul W. Richter, PW Richter, plc, at +1-804-644-2182 or prosage@comcast.net.


For more information regarding the SEC's trading halt visit the following website: http://www.sec.gov/news/press/2007/2007-34.htm

For more information on the Leatt-Brace™, please visit the company website at www.leatt-brace.com. No web sites or URLs, or any part thereof, that are referenced in this press release are part of this press release.



I'm just curious if there is any way for any investor in ANWM to actually contact the company, or it's legal representative with questions regarding this SEC suspension? Nope. Are there any established, viable business operations? Have they replaced the individuals responsible for the inaccurate info? Do they have a BOD? Do they have a product? Have they addressed the issues with the shareholders in an attempt to be transparent to their investors? Have they done anything that LEAT did in order to emerge?