Replies to post #60531 on CyberKey Solutions fka CKYS

[swifty714]

erdel,

I was under the impression that freezing the stock meant they did not want it to go down on the news and hurt investors. Give them a chance to find out if there is anything wrong. If there is not, come out with a statement explaining they were not able to find anything wrong and that the pps should remain where it was.

Unlike SLJB when the Ontario Exchange Commission gave specifics to what some of there concerns were and let the stock tomble. Now, don't get me wrong here, the OEC halted the stock, but left it open to trade on the N.Y.

Big difference here regardless is that this is a real compnay and will rebound or take off when it begins to trade again. Make sure you contact your broker and explain and request how you can buy more shares if it goes to the Gray Sheets market.

[Sylvrewynde]

Suspending trading does not help anyone who is currently invested in a public issue. The SEC suspends trading to prevent novice investors who might be tempted to buy stock in a company based on unverified and questionable information from doing so. As such the protection is for potential investors.

The only time I have ever seen any type of written resolution from the SEC is when they enter into a settlement agreement with a company that has been under investigation. Most of those agreements will have the same generic type of accusations as the suspension notice did and can allow the company to accept the penalty (generally a fine) without admitting or denying culpability. Usually that is as close to a win as anyone can expect.

If a company could completely vindicate itself of any and all improprieties the onus would most likely be on the company to file suit to publicly clear its name.