Replies to post #6682 on Universal Solar Technology, Inc. (UNSS)

[zxc]

"Also the SEC looks at these type companies to halt trading."
Actually, the SEC does not look for companies who issue press releases per se. It looks for companies whose press releases can't easily be verified or are outright lies, irregardless of whether they report or not. On this basis the SEC is disinterested in imposing a halt on UNSS. 'OTCMarkets' have their own rules, which are different from SEC or FINRA, and they have no power to impose a halt.

[AD1251]

OTC is backlogged for CE - Not SEC.

UNSS was current in Jan/Feb/March for OTC to remove the CE.

Appears from what I hear OTC is swamped and not responding to calls or emails.

And I understand UNSS is finally providing audit which should allow the final audit of UNSS for the merger to actually consummate.

Without the Audit there is no "opening" balance sheet or stock-holder list for the merger calculations.

[eageleye]

Companies, whether public or private, have a right to market or promote their business, services or products. Entrex is a still in business and trying to grow. It seems ludicrous to think that they can't market and grow their business.

Now, if they are making false statements or outright lying, then I can understand why they would and should be halted. COUV (Corporate Universe) comes to mind when they were halted due to false and misleading statements. They were then moved to grey sheets.

Unless Entrex/Watkins are making false statements, don't they have a right to market their company and provide business updates?