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Salm7

01/06/11 11:43 PM

#89532 RE: EarnestDD #89526

So lets get this right. The SEC tells the world that they have uncovered 2.1 billion shares of RCCH stock dumped into the market place, then the SEC tells the world, its like that and thats the way it is? If thats the case, then the SEC should tell every hedge and MM in the world just dump all the shares you want into RCCH and any other stock and dont worry about it because we got you cover? IMO This maybe part of the reason why people have left the market place in general. This is a good time for the SEC to show some teeth and make the corrects needed to restore trust in the markets. IMO
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ohbull2000

01/07/11 12:00 AM

#89534 RE: EarnestDD #89526

NO PROBLEM EARNEST! Ya see the Gendarme shares never...

existed, because they sold unregistered shares that are FTD shares (check with Finra) now... get it?
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camper9

01/07/11 12:23 AM

#89557 RE: EarnestDD #89526

The damage has been done and must be accounted for.

The shares are not automatically legal now. They were illegal from the start. They are still illegal.


the shares would now be legal in any event because the one year hold period would be over.