Wonder if the rumor will be proven accurate or not? If this rumor is true and and he failed to perform any due dilegence... failed to see that they filed an 8k... what possible reason could he have had?
1. Too lazy to do his job properly? 2. Too stupid and inept to do his job properly? 3. Possible financial gain from initiating the suspension (like Birdman said)? 4. Thought it was a good idea to put his faith in unscrupulous writings?
What other reasons could someone at the SEC have for jeopardizing people's livelihoods and investments by suspending a company without proper due diligence that goes above and beyond reason.
Interesting link here as well. 1:15 into the video is interesting.
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