InvestorsHub Logo
Followers 0
Posts 3059
Boards Moderated 0
Alias Born 07/11/2003

Re: Dspetry post# 26593

Friday, 09/16/2005 2:10:20 PM

Friday, September 16, 2005 2:10:20 PM

Post# of 159753
dave, lol. humility to the extreme. but i think there is something very coherent about the sec and this suspension of buy-in - from the standpoint that the SEC would like to see some updated financials before they open the floodgates. sorta like the SEC doing their "DD" - where the DTC & brokers didnt. The suspension for the Buy-in makes me unhappy at first, but it is by no means a showstopper - could be just a bump in the road.

The fact is that we dont know what all was said between SEC & Megas. They very well may have told him to get those files in, and then we'll allow a buy-in, but not until then, because Megas has requested a force call and customer protection rule. Megas already had been getting the filings ready, and this all should be announced imminently.

Megas is a world-class guy. We are sooooo fortunate it is him and not some typical pinky slimeboss who prints shares at Kinko's for their light bill.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.