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Re: cookiepuss1 post# 141698

Wednesday, 02/20/2013 3:44:42 PM

Wednesday, February 20, 2013 3:44:42 PM

Post# of 232511
Do you really think he's going to put

out a PR when that's what got him into this mess in the first place?



He could have issued a PR as bb suggests, which outlined exactly what the SEC suspended him for. However, that seldom happens with these microcap stocks. Thus, silence isn't unusual.

I'm satisfied for the time being as long as the financials continue to be released in a timely matter. That gives me enough faith that he is legit



What if the main issue for the SEC was the stock issuance, or subsequent potential dumping of it? Totally separate from the unaudited financials.

Also one shouldn't worry about legit. A distributor of tags, while collecting royalties on the side is legit. That seems to be the business model. But what about accrued value for stockholders?

Thus, you have possible SEC problems outside of sales figures, and a business model where accrued value for stockholders is non-existent, as it is currently.

Agreed you have many moons to go before one can even hope for a up listing: audited financials --> 10-12G --> 10Q/10K --> MM sponsor???

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