Replies to post #98800 on Solaris Power Cells Inc (fka SPCL)

[lucky, mydog]

Why would the SEC suspend trading of a stock when it knows that such action will hurt current shareholders?

The SEC suspends trading in a security when it is of the opinion that the suspension is required in the public interest and to protect investors. Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when it believes that the public may be making investment decisions based on a lack of information, or false or misleading information. A suspension may prevent potential investors from being victimized by a fraud.

http://www.sec.gov/investor/alerts/tradingsuspensions.pdf

[sirglenn]

Right on the money here. I believe these guys are getting coached by some of the most experienced people in the business (Vert Cap.) and they must know how perilously close they are towards falling off the highwire. If not, then I am sure they are getting the necessary education they need right now. All in my opinion of course.