Replies to post #50291 on Day Tradexchange Inc. (SYNJ)

[masko23]

Safe Harbor only applies in acts committed in 'good faith.' the hirings that have been done would have been done to purpetuate deception, thus safe harbor would not apply

[drifterfcrc]

Exclusions

Except to the extent otherwise specifically provided by rule, regulation, or order of the Commission, this section shall not apply to a forward-looking statement--

1. that is made with respect to the business or operations of the issuer, if the issuer--

1. during the 3-year period preceding the date on which the statement was first made--

1. was convicted of any felony or misdemeanor described in clauses (i) through (iv) of section 15 (b)(4)(B) of the Securities Exchange Act of 1934; or

2. has been made the subject of a judicial or administrative decree or order arising out of a governmental action that--

1. prohibits future violations of the antifraud provisions of the securities laws;

2. requires that the issuer cease and desist from violating the antifraud provisions of the securities laws; or

3. determines that the issuer violated the antifraud provisions of the securities laws;

2. makes the forward-looking statement in connection with an offering of securities by a blank check company;

3. issues penny stock;

http://www.law.uc.edu/CCL/33Act/sec27A.html