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itradeguy

12/30/09 11:48 PM

#273737 RE: Risicare #273734

"Under SEC investigation"



no matter how many times you bring up that worn out point, it doesn't mean that they have or will conclude that there are any charges or wrong doing on behalf of SPNG. And until you or any other informers or reminders of this subject get documentation or links stating wrong doing found then really, it holds no relevence, whatsoever.
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igotthemojo

12/31/09 5:17 AM

#273766 RE: Risicare #273734

"first off the Qs and K have to filed before the 211"...

or as i stated, simultaneously...or if you prefer, in order to satisfy the precious rules, the k's and q's could be filed 1 second before the 211 is approved...lol

"and the time from getting off the pinks to the OTCBB is months easily"

or maybe they will just bypass the pinks and go straight to the otcbb...but then the rules get in the way huh?....
ok..they will stop on the pinks for 2 seconds before they go to the otcbb...lol

"and after the 211 if filed which could take months to be approved"

unless due to negotiations it has been preapproved...yes i said preapproved..by the powers that be..as with the wave of a hand...just like that...

"Anyone who thinks that SPNG has found a market maker to sponsor the 211 is full of it as no MM would even consider touching a penny stock under SEC investigation"

well going by how things ordinarily go, that would be true...but it could be that spng is being handled a bit out of the ordinary....and after the 211 approval the mm would handle all the trades for a period of time...and that quite likely will be in the hundreds of millions of shares traded daily for a while...thats a lot of trades..and a lot of money...

its all possible...how possible?...to each his own...but its possible enough that your calling anyone a bald faced liar for believing in that possibility is completely unjustified..

i mean really...everyone has their opinions..and if someone has that opinion, hes entitled to it..and entitled to express it...without any personal condemnation or attacks by anyone...
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Whiplash_Investor

12/31/09 8:55 AM

#273776 RE: Risicare #273734

That is incorrect...there are several MMs lined up right behind the first one.
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Smallville

12/31/09 9:17 AM

#273783 RE: Risicare #273734

Risicare, that statement is a wee bit naive. The process moves as quickly or as slowly as the bureaucracy wants; if you believe the system doesn't protect its own interests, you're mistaken.
The system can be twisted to obtain any desired result.

If FINRA decided today it was in their best interest to get a 211 out it would be done very quickly.

The system doesn't represent 'fairness' or 'justice'. It represents interests.