Replies to post #34275 on Calissio Resources Group Inc (CRGP)

[I-Glow]

Name some real legitimate companies that have been suspended by the SEC.

The SEC is allowed to suspend trading, driving a company into the gray market through no fault of their own, and is the SEC held accountable for running a company out of business because of their ill conceived knee jerk reaction. NO! That agency can be ten times more deadly than any scam.

IG

[Mr Pennypacker]

Agreed. The government allows huge Ponzi scams to persist, allows naked shorting without repercussion, allows the federal reserve to manipulate markets (including shorting of precious metals), and it even allows the OTC market (consisting of mostly scam stocks) to exist.

Energy should be focused on the government; they are doing (and allowing) the real damage.

[janice shell]

The SEC is allowed to suspend trading, driving a company into the gray market through no fault of their own…

I beg your pardon? The SEC suspends trading for two basic reasons:

1. The company is an SEC registrant delinquent with its required periodic filings.

2. The SEC suspects fraud.