InvestorsHub Logo

Wolfeman

07/11/07 8:30 AM

#4544 RE: p3analyze #4543

The SEC informal inquiry is a result of a complaint issued by a shareholder/lawyer involved with one of the lawsuits. The SEC will be focusing on what information Gold and the BOD had that was not made public. If they knew that there were significant issues from the plant inspection in Feb. that could hold up approval well past May 15 then they may be guilty of insider trading. This SEC action is not going to go into the naked shorting or possible leaks from the FDA to hedge funds. You'll have to initiate those investigations with your own complaints.