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Tate202

07/10/04 6:26 PM

#28594 RE: CMLuce #28591

CM: The way I am reading it..it is now up to the company if they want to go forward. They would have to request a hearing.

...and that within fifteen days after the receipt of a request in a record from the person the matter will be scheduled for a hearing. If a hearing is not requested and none is ordered by the commissioner, within thirty days after the date of service of the order, the order becomes final.


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Jeff Andle

07/10/04 8:18 PM

#28598 RE: CMLuce #28591

Chad,

I agree THAT is not the case.
I agree that they will never be reregistered.
I agree they will never have value even though they exist as private ownership.
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BullNBear52

07/11/04 10:54 AM

#28618 RE: CMLuce #28591

Now that did not happen......

clowns are acting like the company asked the SEC to revoke the shares.

The SEC gave the company 2 options. Suspension or revocation the way I read the release. They choose the latter.