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Re: lucky, mydog post# 18828

Wednesday, 02/06/2013 5:32:15 PM

Wednesday, February 06, 2013 5:32:15 PM

Post# of 20441
Yes, and most of those were probably borderline scams or companies failing fast. Now assuming Ants is not, and even if the share price fell, besides the obvious problem of raising capital, if a company was willing to do business with Ants on the Pinks, do you think they would be less likely because of being on the Greys? Surely managements reputation should count for something.

This link contains interesting information:

http://www.sec.gov/litigation/admin/2013/34-68836.pdf

"In view of the allegations made by the Division of Enforcement, the Commission deems it necessary and appropriate for the protection of investors that public administrative proceedings be instituted to determine:

A. Whether the allegations contained in Section II hereof are true and, in connection therewith, to afford the Respondents an opportunity to establish any defenses to such allegations; and,

B. Whether it is necessary and appropriate for the protection of investors to suspend for a period not exceeding twelve months, or revoke the registration of each class of securities registered pursuant to Section 12 of the Exchange Act of the Respondents identified in Section II hereof, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of any Respondents."

Please, if you're going to "protect" me, have a better reason than punishing a legitimate company struggling to correct past mistakes they were not responsible for!

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