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Re: joelu post# 7664

Tuesday, 09/18/2012 5:37:02 AM

Tuesday, September 18, 2012 5:37:02 AM

Post# of 7731
Hard to say. If missing financials is the only thing that the SEC suspended them for then I suppose that ZMGD could survive a bit longer if they decided to file financials.

However, the SEC is normally very deliberate when it comes to suspending companies like ZMGD. In my experience, suspension is almost always a death knell that indicates far more serious underlying issues than merely late or missing financials.

Without a doubt there have been complaints against ZMGD filed with the SEC.

Where there is smoke there is fire.

I believe that once this goes grey market in about 10 days there will be attempts by many to run for the exits.

Not good at all IMO.

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