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Re: terry_mathews post# 105734

Saturday, 12/29/2012 10:18:01 AM

Saturday, December 29, 2012 10:18:01 AM

Post# of 167964
Terry, I don't believe SRGE has supplied any documents to the SEC because they fabricated everything in the press releases.

Also, since they are non-reporting why would they be sending any documents to the SEC - something is odd.

I am still going to bet that SRGE doesn't supply any documents to fight the suspension.

I didn't know how difficult it would be for brokers to trade SRGE stock.

The SEC's halt lasts for 10 business days, or until Jan. 11, 2013. Once the 10 days have passed, brokers in the U.S. wishing to trade the company will face an onerous burden. They must keep up-to-date information on the company's financial status and on its insiders. They must also have copies of the company's prospectus, its most recent annual report and any subsequent quarterly reports. In addition, brokers must maintain current information on the company's name, address, state of incorporation, number of shares outstanding, the name of its transfer agent and the nature of its products. Brokers must also know if a price quotation is from another broker or from an insider. They must provide this information to anyone interested in trading the company.

Does this mean that SRGE will have to remove the gag from the TA?

IG