InvestorsHub Logo

Georgia Bard

11/02/00 5:26 PM

#9 RE: Bernard Ng #8

Thanks Bernard ... Out of all that information the Bottomline is quite simple ... Do you want to dare entering an OTC stock (especially off-shore) where the SEC has a judgement against the CEO and the company itself that if they make one misleading or false statement whether it be their fault, so and so's faults or anyone's fault, the SEC can halt the trading?

The one agency you do not want to mess with is the SEC. Wonder how J. Alexander was able to do enough due diligence in his 15c211 to convince NASD that the company would comply with the judgement.

Seems riskier than most of the OTCs to me. Of course when they issued more than their authorized and it was a off-shore gambling, I just passed. I tracked it though. Always like to learn.

:-) Gary