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Re: MoMoRaptor post# 99047

Thursday, 12/27/2012 10:56:00 AM

Thursday, December 27, 2012 10:56:00 AM

Post# of 167964
As usual MoMo you are confused about the SEC and what they did and didn't do.

The SEC didn't vet SRGE on the dividend -

What rules govern the reporting of dividends; when must a company report a declaration of a dividend or other distribution?

Please refer to Rule 10b-17 (Untimely Announcements of Record Dates) of the Securities Exchange Act of 1934 ("SEA"), which generally requires an OTC Equity issuer to provide FINRA's Operations Department notice 10 days prior to the record date of the following corporate actions: (1) the issuance of a dividend or other distribution in cash or in kind

There is not time for a full investigation into SRGE - it is just a matter of protocol to inform FINRA that they were going to issue a dividend.

Again, you are misrepresenting the facts.

IG