Replies to post #531 on ZNext Mining Corporation, Inc (ZNXT)

[Mr. Bill]

I owned all of the shares of GVRP 90 times over. 11 shares existed and I owned 1000 shares. I was afraid to sell forward split "IOUs" as it was not theoretically possible for my forward split shares to be delivered. I could have sold my IOUs and taken a chance on a $300,000 profit on a $2400 investment, or perhaps bankrupcy if things went the wrong way. A friend sold $1100 for $150,000 profit and was happy as a lark. Primarily only investors at Ameritrade were able to sell their IOUs.

Since in the past regulators had not CONSISTENTLY required companies to abide by their SEC filings for a split one could not know what would happen. Would the forward split occur as specified on the split calendar?

IT IS AN OUTRAGE THAT REGULATORS FAIL TO REQUIRE A COMPANY TO ABIDE EXACTLY BY THE DETAILS FILED FOR SPLITS. IF A COMPANY STATES THAT FRACTIONAL SHARES BELOW 100 WILL NOT BE REDUCED TO 1 SHARE THEN THE COMPANY SHOULD BE LEGALLY OBLIGATED TO ABIDE BY THEIR FILING. IT IS A LEGAL DOCUMENT YOU KNOW! IF A SPECIFIC DATE IS SET FOR THE SPLIT IT SHOULD OCCUR ON THAT DATE NO QUESTIONS ABOUT IT. ONCE THE FILING IS PUBLISHED IT SHOULD BE WRITTEN IN STONE AND NO LONGER OPEN TO INTERPRETATION.

With GLKC it was not market makers, brokers, and insiders with a short position from what I recall. It was confusion which resulted on a split and private investors had the problem.

When private investors like you and me are on the hooks to be screwed the REGULATORS sock it to us. When the BIG NAMES on Wall Street, Market Makers and Brokers, have the problem it is the REGULATORS to the rescue.

THIS OUTRAGEOUS BEHAVIOR BY REGULATORS MUST END. THEN REGULATORS TRY EVERY THING THEY CAN TO PROHIBIT THE "PROBLEM CHILD" STOCK FROM EVER TRADING AGAIN SO THEIR BIG FRIENDS ON WALL STREET ARE SAFE. PURE BS AND MMM BROUGHT TO INVESTORS COMPLIMENTS OF REGULATORS.

Investigators got wind of the problem, suspended the stock (GVRP), and included verbage in their ruling that stated the NET CAPITAL rule (which caused SHORTS not to have to cover - insider(s), MMs, brokers) might be rescinded in the future if necessary to protect investors.

HELLO, I THOUGHT REGULATOR'S JOB WAS TO PROTECT INVESTORS NOT THE HIGH AND MIGHTY ON WALL STREET!

What an OUTRAGE. HOW CAN REGULATORS SLEEP AT NIGHT KNOWING THEY CHEATED 99% OF THE INVESTORS IN GVRP AND ALLOWED THE INSIDER TO SELL ONE SHARE 138,000 TIMES?

WHERE DO I GO TO SELL MY CAR 138,000 TIMES AND TAKE THE PROFIT AND WALK AWAY?