Replies to post #15090 on Premier Investment Properties Inc (fka PIPI)

[cyberbullymouse]

I'm enjoying dinner and drinks right now, buddy. Still on phone. Happy to oblige you later.

Relax, the stock price isn't going anywhere. Not anywhere impressive.

[cyberbullymouse]

Here you go, Space:

From the Washington Post/Bloomberg - June 22, 2011 (you've heard of Bloomberg, I hope):
http://www.washingtonpost.com/business/economy/zombie-stocks-trading-often-goes-on-after-companies-stop-filing-sec-disclosures/2011/06/20/AG1NjSgH_story.html

The SEC stepped up its attack on the zombies this year, linking them to several types of investor scams. About 1,200 companies are delinquent by more than a year, according to the SEC. But it takes time and effort for the SEC to stop the trading in these companies’ shares, even if they are on regulators’ radar.

The agency has “insufficient resources to get to all of them,” so it prioritizes on the basis of the threat to investors, giving highest priority to cases in which fraud appears ongoing or imminent, said SEC spokesman John Nester.