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Re: TenKay post# 38494

Wednesday, 03/05/2014 12:24:07 PM

Wednesday, March 05, 2014 12:24:07 PM

Post# of 38908
In this case, I think the suspension was due to the actions of another company -- IEquity's "clarifying" press release, combined with their website statement that they had signed an agreement to acquire control of AVNE (which was not true, as I have previously posted). So, although I understand the basis for the suspension, how can the SEC penalize AVNE long-term?

Also, opening in the grey market is usually the kiss of death, but how many of those companies were current on their filings? And check the chart of MDDD for an example of a stock that did just fine after its suspension (I am not otherwise comparing AVNE with MDDD).

One closing thought:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98217889

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