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I-Glow

06/11/14 11:39 AM

#125120 RE: Gixxerfrog #125088

The answer is no,

What I don't understand is don't the sec or someone look into companies when they plan to merge ? I thought they would audit each company to make sure they are up to date and everything is ok with each company before they allow them to merge !?!?

Just curious if a stock has ever been suspended then the sec finds nothing wrong ?

In this case AEGY hasn't filed a registration statement for the merger so there is nothing for the SEC to check.

The companies have to provide the audited financials.

The answer is no, the SEC hasn't suspended a company and then said sorry it was a mistake.

IG