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maximus_art

05/16/14 11:14 AM

#7330 RE: PhenixBleu #7309

This isn't a rorschach test. "boilerplate info" Really? When they say you have been suspended and give 5 reasons, they might not tell you specifically "how" each rule was broken but they tell you "which" ones where broken. FSPM is not a company that puts out a lot of PR, so it is easy to track down what they are talking about here.

(1) the company’s assets; (2) the company’s revenues; (3) the company’s financial statements; (4) the company’s business transactions; and (5) the company’s current financial condition.

Either they are talking about the 2013 fins or the 1st Qrt fins that are out now. Something didn't jive correctly with these last two filings and with one just out yesterday, they probably had issues with the 2013 filing and with the release of the one yesterday, it sent them over the top. All avoidable if they are audited. We all were underwhelmed with the 2013 fins and someone complained about it. With the extension, we all expected at least a professional presentation of 2013 fins and when those came out, it was clear that it was everything but "professional".

I always said Dittman won't do anything unless he is "forced" to do it. He doesn't really care about the pps until he needs some equity to fund his business. I hope he doesn't like getting burned over and over again and hires someone to do the fins from here on out. I'm probably 100% sure he will be sued over this.