Replies to post #6599 on Hunt Gold Corporation (HGLC)

[Militia Man]

OA, maybe this will help, in that who has really been scamming here? Think about it. Who is really forsure doing the scamming?


You said, "I would have to buy the stock and lose money to have cause in court. I'm not about to do that."

I am dumb founded I thought you owned this stock, stupid me..lol

Below text is for point only, a good point is in there! Some can run, but can they hide for ever........?

GLT

Prisoner


F. Grandfathering Under Regulation SHO
The requirement to close-out fail to deliver positions in threshold securities that remain for 13 consecutive settlement days does not apply to positions that were established prior to the security becoming a threshold security. This is known as "grandfathering." For example, open fail positions in securities that existed prior to the effective date of Regulation SHO on January 3, 2005 are not required to be closed out under Regulation SHO.

The grandfathering provisions of Regulation SHO were adopted because the Commission was concerned about creating volatility where there were large pre-existing open positions. The Commission will continue to monitor whether grandfathered open fail positions are being cleaned up under existing delivery and settlement guidelines or whether further action is warranted.

It is important to note that the "grandfathering" clause of the Regulation does not affect the Commission's ability to prosecute violations of law that may involve such securities or violations that may have occurred []"before"[] the adoption of Regulation SHO or that occurred before the security became a threshold security.