InvestorsHub Logo
Followers 26
Posts 2258
Boards Moderated 0
Alias Born 05/05/2010

Re: None

Thursday, 09/13/2012 12:58:23 AM

Thursday, September 13, 2012 12:58:23 AM

Post# of 83075
let me toss out a thought....

The SEC knows that illegal trading has been going on. In order to stop it and investigate, they put the DTCC HOLD on the stock.

I am assuming, (and I hope the rest of you are as well) that SGCP is a victim and hasn't done anything wrong here.

Therefore, the lock is only temporary and after the SEC has all the info they need, they will lift the lock.

The past examples that others are relating to, saying that this could take YEARS, is probably when the company has participated in the illegal trades and NOT been a victim. Why would the SEC punish a victim?

Charlie