Replies to post #1382 on SPYR Inc (SPYR)

[bonehead41]

They never filed the proper form 4 for stocks they sold, which is federal law. This will come out in the SEC investigation.This is a felony. I hope the money they made was worth it. With any luck they will share a prison cell with somebody they ripped off. Hopefully they will be somebody's bitch.

[bonehead41]

As an issuer of “penny stock,” the protection provided by the federal securities laws relating to forward looking statements does not apply to us.



Although federal securities laws provide a safe harbor for forward-looking statements made by a public company that files reports under the federal securities laws, this safe harbor is not available to issuers of penny stocks. As a result, the Company will not have the benefit of this safe harbor protection in the event of any legal action based upon a claim that the material provided by the Company contained a material misstatement of fact or was misleading in any material respect because of the Company’s failure to include any statements necessary to make the statements not misleading. Such an action could hurt our financial condition.

I was contacted be the SEC today and they are reviewing this, I have a meeting with them in Seattle on Monday.They are going after all parties involved.