Grapefruit USA Inc (GPFT): SEC enforcement is not like writing a...

Reply Private New

Replies (3) Next 10 Prev Next

Send PM Follow Ignore

Followers	116
Posts	11877
Boards Moderated	1
Alias Born	03/08/2004

stockmasterflash

Re: exium post# 50856

Wednesday, 04/18/2012 2:48:06 PM

Wednesday, April 18, 2012 2:48:06 PM

SEC enforcement

is not like writing a traffic ticket. Remember Spongetech? Story broke in the newspaper that all of their customers were fictitious. Wasn't hard to verify too. I remember watching a whole season of "Hard Knocks" and Mets baseball games where their logo was displayed prominently before they were shut down.

Mostly the SEC stops declaring their registration statements effective. Can't sell shares anymore. The host eventually starves. There's no need for the SEC to seek out IMGG, sooner or later IMGG needs to ask the SEC to declare the shares in their financing freely tradeable by declaring a registraton effective.

When you start noticing IMGG having problems with their "S" forms, you'll know that someone at the SEC has noticed.

Shareholder lawsuits usually get their attention

Luckily IMGG has no need to register shares anytime soon, right?

#1). You have money. Other people want it. All of it!

#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)

#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,