Home > Boards > US OTC > Delisted > Power Sports Factory (fka PSPF)

PSPF is a public company and an SEC

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Renee Member Level  Monday, 05/20/13 11:21:54 PM
Re: 12thman post# 2132
Post # of 2152 
PSPF is a public company and an SEC Filer that hasn't filed one cotton pickin' Financials statement for 3 years.

Why would it be the meany Market Makers' fault?

Shouldn't it be entirely, absolutely and unequivocally Power Sports Factory's fault for being derelict in filing zippidy-do-dah nothing for three years?

Admin Proceeding excerpt (red hilites mine):

2. Power Sports Factory, Inc. (CIK No. 1001065) is a dissolved Minnesota corporation located in Philadelphia, Pennsylvania with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). Power Sports Factory is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended March 31, 2010, which reported a net loss of over $253,000 for the prior three months. As of May 9, 2013, the company’s stock (symbol “PSPF”) was quoted on OTC Link, had seven market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).

To bite the worm of incite is to bite the HOOK of the antagonist . They win .
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