Replies to post #34130 on Mensa Mining Corp (EQBM)

[LDC]

I hope we're restricted another 10 days. Give the CEO a chance to tell shareholders what he's up to. You guys didn't plan on selling anyway.

[CheezyTang]

Securities Act of 1934, section 12k

Here is an excerpt of the rule:

Trading Suspensions: Emergency Authority.--

1. Trading suspensions.-- If in its opinion the public interest and the protection of investors so require, the Commission is authorized by order--

A. summarily to suspend trading in any security (other than an exempted security) for a period not exceeding 10 business days, and

B. summarily to suspend all trading on any national securities exchange or otherwise, in securities other than exempted securities, for a period not exceeding 90 calendar days.

here is the link~~~> http://www.sec.gov/divisions/corpfin/34act/sect12.htm

Now...as I understand it, subsection B was implemented after 9-11.

We are under Section 12(k), subsection A.


that is it. So then the order came out about the 35 suspensions and claimed the full 10 days.