News Focus
News Focus
Followers 29
Posts 5209
Boards Moderated 1
Alias Born 07/11/2011

Re: Jamesmobile post# 681

Monday, 12/31/2012 2:33:29 PM

Monday, December 31, 2012 2:33:29 PM

Post# of 1451
First off, the suspension is not just due to southridge lying about a JV. The suspension order reads....

The Commission temporarily suspended trading in the securities of Southridge because of
questions regarding the accuracy of statements made by Southridge in press releases to investors
concerning, among other things, the company’s business operations and arrangements
, including
certain claims regarding a joint partnership and an arrangement to obtain funding and to change
the listing venue for Southridge stock
.



The SEC investigates allegations PRIOR TO (that means 'before') issuing a suspension order. The SEC is aware that a suspension order is very damaging to the stock involved. They are aware that in many instances, it is a virtual "death sentence" for someone's investment. Therefore they investigate thoroughly BEFORE suspending.

They have ALREADY found that it is in the investing public's best interest to suspend southridge and consign them to the grey market.

THOSE are the FACTS.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KGC News