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Buckey

03/10/09 9:30 AM

#18307 RE: juk #18304

"shortly" is obviously a very relatiove term. The theory is that most that bought on that news are long gone now and newbies refuse to look back the 459 days to see that the same promises then are still being thrown out there now.

I know this will be deleted but the SEC can suspend for a two week period only and they normally do that on repeated false and misleading news. HGLC is so classic a case they could make it the poster child for 2 week suspensions. After the two weeks the stock normally goes grey due to that 152c11 or whatever rule it is.

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Darth Trader

03/10/09 10:22 AM

#18317 RE: juk #18304

I agree. They haven't lived up to anything as of late. I wrote to Mike again, and below is is response, with my response to that.

Cheers,

Phil

Mike,

Yes, but the SEC Rules say the company can release shareholders from the "Legend." I'm asking if I can be released? Yes or No? If No, why not?

About the number of shares. I see your very careful about your wording. The company has issued 2 Trillion shares according to the Bi-Laws on file. Its been posted over and over. I've seen it pointed out, highlighted, PDF file and all.

Last item about the heading-Dividends. When will they be issued?

Cheers,

Phil Schaefer




Dear Sir,



We do not have 2 Trillion shares outstanding! We have circa 370 billion shares outstanding.



The Legend is there due to SEC Rules!



Mike Saner.


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saltdog

03/10/09 9:51 PM

#18351 RE: juk #18304

Well, call me an optimist... Have been called worse...

p.s.

"I heard that"

lol