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Re: ofspring post# 308

Thursday, 07/25/2013 1:56:56 PM

Thursday, July 25, 2013 1:56:56 PM

Post# of 353
And all this time the sec has been

on them but the company denies all of it...



Then the next logical step is to have their lawyers go to court, and seek an injunction against the SEC action. Not happening is it?

funny that the sec just doesn't shut it down if it really is true...



What SEC regulation gives them that power? The SEC can not pronounce them guilty, and shutdown the trading of the stock beyond the 10 day suspension. Only a civil court can determine guilt. As previously posted, that could be up to 2 yrs+ away. If the company stops filing, the SEC can eventually delist the stock. The only other thing the SEC can do if management engages in another P&D while waiting for the legal process to play out, is to hit the stock with a second suspension. I've not seen any examples of that occurring with any of these microcap frauds. Wonder why.


we will see in the meantime sell man I will buy cheaper... they will keep filing just as they should...



Buy all you want. Not for me to say, you must buy, must sell, must hold. Maybe some pump gang will arrive, where you can do a trade flip for profit? At least with the management and affiliates essentially locked out of the market, it becomes a retail trading game. Where rumors can become more powerful than non-existent fundamentals ever were.

The Jewel of the Mind is Colored with the Hue of what it Imagines