Replies to post #15382 on Premier Investment Properties, Inc (PIPI)

[nodummy]

Well yeah I would hope whoever official represents ANWM would have a good idea why the stock got suspended - though maybe not all the details depending on if a criminal investigation is also being conducted by the SEC which could lead to criminal charges against somebody in the future. Also depending on the reasons for the suspension there may be very few options for how the people officially representing the company may be able to proceed.

I actually only meant that none of us posting here on the IHUB knows for sure all the details. All we can mostly do is speculate based on the little bit of information available and our past experiences with penny stocks.

[Cassandra]

Interestingly the recent PR mentioned nothing about engaging an attorney to represent the shell with the SEC or any meetings with the SEC. ANWM has no money to pay for attorney fees. Additionally, because there is no civil action at this point, there's really nothing an attorney can do to help the shell.

It's my opinion that the SEC and/or FINRA made inquiries about the issues before the suspension was ordered and that some people know a lot more than is being shared.

My suspicion is that the information about the attorney meeting may not have been accurate. If the SEC files an action in civil court against the shell and any individuals they believe committed violations, that would likely be the time attorneys would be engaged and then only to represent the people being sued. FWIW, an action only against the shell and not individuals (officers or others) wouldn't happen.

Nothing about an attorne:

ANWM Comments on Trading Suspension of Common Stock

Jun 23, 2011 (ACCESSWIRE via COMTEX) -- NEW JERSEY -- On Tuesday, June 07, 2011 ANYWHERE MD INC (Stock Symbol: ANWM) received an Order of Suspension of Trading from the S.E.C. The Commission ordered that trading in the securities of ANWM be suspended for the period from 09:30 a.m. EDT, on June 07 2011 through 11:59 p.m EDT, on June 20, 2011. Per the Order, "Questions have arisen concerning the adequacy and accuracy of public information". At the time ANWM was preparing to become "Current" and drop the "Stop sign" on OTCMARKETS.COM by filing the necessary documents to do so.

Now ANWM will file a "Form 211" with a Market Maker and apply for FINRA approval. The company will answer any questions arising from this submission of information and will keep the public notified of progression and subsequent FINRA approval. The company is not aware of any other reasons for suspension at this time. About ANYWHERE MD Inc.

Anywhere Md Inc is an exploration and mining company.

This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects and similar matters. In some cases you can identify those so-called "forward-looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, including whether the Company can identify market makers to make a market in the Company's securities, and the Company cannot provide assurance that such statements will prove to be correct. The Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.


Copyright 2011 ACCESSWIRE