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bocxman

07/14/06 2:31 PM

#4525 RE: Kag #4524

Kag: what is undeniable is that the SEC went through the discovery process and has completely abandoned the issue. BOCX has confirmed via PR that after the initial discovery phase they had no contact with the SEC, and that was well after discovery (and if you think they'd lie about that in a PR you are nuts). The SEC was right about the semantics with regard to "approval" versus "clearance", but nothing else. If they did, BOCX management would have received Wells notices and/or other enforcement actions. So...the question is, Why are you harping on this? Do you believe there is still SEC risk in the stock, or are you just trying to get attention? After such a long period with no further SEC action, I would put the risk of further SEC action at less than 1%. The SEC does this quite often...they halt stocks, do discovery, and then either bring it to enforcement division or they walk away. It is pretty clear that they walked away.

Move on. Please don't start another repetitive thread of commentary.