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1manband

08/21/18 5:34 PM

#63911 RE: 55cruiser #63910

No, it ALWAYS takes more than a year. Look at the SEC's suspension page of publicly traded stocks and compare it against their litigation page. The common time for the SEC to file charges is 28-29 MONTHS from the date of suspension. But in some cases, it takes longer, but almost never shorter. And certainly not within a year.

Check the facts. The claim that it is usually done in a year is not correct.

The SEC already determined fraud has occurred, which is not difficult to see at all. No question about it. The only question is if the SEC will file charges against those responsible or do they consider shutting down the fraud and making the stock worthless is enough.