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Re: dr_lowenstein post# 19624

Sunday, 06/24/2012 11:26:30 PM

Sunday, June 24, 2012 11:26:30 PM

Post# of 404597
And yet there is zero documentation to support your theory. When the SEC makes decisions they do so with documents that can be read publicly. Where is the document from the SEC that says the S-1 was faulty? There is none. The only documents available are from Elite. Nothing has been filed from the SEC to Elite indicating an action they need to take.

Here is an example.

http://www.sec.gov/Archives/edgar/data/1420924/000000000010072362/filename1.pdf

In this example there were issues with a 10Q filing. The SEC sent a list of the issues and filed the documentation so the public could read what the issues were. This is standard procedure for the SEC. If there was a problem with Elite's S-1 filing the SEC would have documented that problem and made it available to the public. These things are not kept secret.
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