Replies to post #99941 on Dutch Gold Resources Inc. (fka DGRI)

[zturk]

I can see the end coming here. Get ready to turn the lights off.

[thecrusher2011]

The last time DGRI quit filing with the SEC was from 5-16-03 until 11-6-07.

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000928375&type=&dateb=&owner=exclude&start=120&count=40


So they went 4 and a half years without filing.

They still trade.

"The SEC does not have a rule that prohibits the trading of stock once a company becomes defunct because it does not want to forbid transactions between willing buyers and sellers, including those holding shares in defunct companies"

http://www.sec.gov/answers/dfnctco.htm

Here is how little the SEC cares about this issue in reality.

"To Report Possible Delinquent Filings Violations, please notify the Delinquent Filings Group at:

[e-mail], or call [phone]."

http://www.sec.gov/investor/alerts/ib_delinquent_filers.htm

That's correct, they are relying on you to call them and remind them that the company has not filed a 10-K or 10-Q.

Imagine if a real business worked like that, imagine your mortgage company allowing you to not pay for 4.5 years, and then relies on the public to remind them that there is a customer who is late.

What the SEC expects the public to do is go on to pacer and actually read the filings and let them know what is going on with companies that register with THEM.

The reality is the SEC could care less.

Danny is afraid to put out another fake PR

No, Danny ran out of shares to issue, he simply has no motive anymore.

When he gets more shares maybe he can settle with the 2014 lawsuit.

At any rate the precedent is 4.5 years without a filing for this issuer.

Without consequence.

Happy trading, that is as real as I can make things folks.

FWIW I found a lot of dirt on our hero back in 2010....this thing still trades in spite of all of that, so don't think anyone is going to step in just because a book on mj never gets published.