Sunday, July 07, 2013 3:48:29 PM
You are making it sound like POLR is the only stock the SEC has ever suspended for these types of promotional claims.
In 2010 the Microcap Working Group was set up to investigate microcap fraud. Yes they spot check due to lack of resources. And when you have a stock suddenly running like thunder with no fundamentals to support such a run, that does attract the SEC's attention. Not sure how one gives human emotions to the SEC. They recently suspended a Montana oil stock. Does that mean they also hate Montana? Florida?
Thus, when the SEC detects securities violations, and fraud, they would have greater honesty and integrity if they just ignored it? Strange thing here is the SEC is a Fed agency which enforces the securities laws. The SEC doesn't make the laws. Neither can they force a company to break the law. If there's any doubt of the SEC integrity in taking the action of suspending POLR, then the company is free to file an injunction against the SEC action. That never occurs with these microcaps for some reason.
It isn't the SEC's fault POLR management violated securities laws, and apparently participated in a stock promotional scheme.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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