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Re: scion post# 11983

Friday, 04/27/2012 2:45:14 PM

Friday, April 27, 2012 2:45:14 PM

Post# of 48181
There sure is a lot of irony with a lot or most of these suspensions. Not what is expected, but when it would be expected. These tickers haven't had any volume for quite some time, just haven't been trading at all (years even). Two of them (Berman Center and Java Detour) were already part of a SEC Fraud complaint about a year ago and seems like they could be suspended then for some technicality or reason.
http://www.sec.gov/litigation/complaints/2011/comp21865.pdf
and has been DTCC services suspended and locked.
http://www.dtcc.com/downloads/legal/imp_notices/2011/dtc/ope/0503-11.pdf

The other one (CYKN - Cyberkinetics) has even had a black scull on it on the OTCMarkets and
"Investors are advised that OTC Markets Group has been unable to contact or confirm the location of this company. If you have current contact information, please complete the Update Company Information Form or send an email to info@otcmarkets.com."
in bold and red for some time (that place is really right on top of things, right? LOL)

One almost wonders by this time, why even bother. Just so they can be on the Greys not trading I guess. Any "protection for investors" has long faded away.


Trading Suspensions: 34-66869 Apr. 27, 2012 Berman Center, Inc., Cyberkinetics Neurotechnology Systems, Inc., and Java Detour, Inc.

www.sec.gov/litigation/suspensions/2012/34-66869.pdf

See also Order
http://www.sec.gov/litigation/suspensions/2012/34-66869-o.pdf

http://www.sec.gov/litigation/suspensions.shtml



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