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Saturday, 05/12/2012 9:43:30 AM

Saturday, May 12, 2012 9:43:30 AM

Post# of 24287
Pop n Go has not filed any Financials for nearly 4 years. The SEC suspends stocks for one of two reasons, either for Securities Violations or for failure to file Financials. Both reasons may exist but formally charging a company with Securities Violations costs the SEC a lot of lawyering manpower to prosecute, and civil prosecution can take years to resolve. Suspending a stock for failure to file Financials is the easiest, cheapest, and quickest way to force a company to immediately comply with the SEC or have the company's registration revoked.

Excerpt from the SEC Suspension and ADMIN Proceeding:

7. Pop N Go, Inc. (CIK No. 1071819) is a Delaware corporation located in Whittier, California with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). Pop N Go is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-QSB for the period ended June 30, 2008, which reported a net loss of over $1.31 million for the prior nine months. As of April 30, 2012, the company’s stock (symbol “POPN”) was quoted on OTC Link, had nine market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).

If interested readers care to do some reading the third link will show how quickly the SEC Admin. Law Judge WILL revoke POPN's Registration if Pop n Go does not immediately file ALL delinquent yearly Financials. Many Registration revocations happen within a few weeks AFTER the ten day suspension has ended.

During the past 2 years the SEC Admin Law Judge has revoked approximately 540 Registrations for DEFAULT reasons, that is for failure to file Financials. There was no prescient need for the SEC to prosecute for Securities Violations if such violations were suspected.

POPN will be quickly revoked unless the company immediately files at least yearly Financials for 2008, 2009, 2010, and 2011.

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

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

http://www.sec.gov/alj/aljorders.shtml

To bite the worm of incite is to bite the HOOK of the antagonist . They win .

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