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cyberbullymouse

10/13/11 3:19 PM

#16774 RE: space1230 #16773

An MM will not submit? In forever? How should I know? Very unlikely that any MM is that suicidal, IMO.

An MM has not submitted, even they it has been stated over and over that it was imminent? Yes, this is what I believe to be true: ANWM has been stringing shareholders along, for several months now, with false claims, and oft-planted rumors, of having an MM ready to file shortly.
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greedy__malone

10/13/11 6:43 PM

#16788 RE: space1230 #16773

space you are aware that any MM who takes on ANWM is liable for any damages that would occur if any of the information they receive is not verifiably current and accurate right? And you know that the amount of money made by acting as a MM for this security is so minimal and the exposure to risk is so great that the likelihood of any MM signing off on ANWM's numbers is highly unlikely right?

Simply put, the risk reward is simply not there. The potential damages from SEC fines and penalties would far outweigh what little money they make off the difference between the bid/ask.

Kind of like asking you if you would be legally responsible for a work release inmate you know nothing about other than what that inmate puts on paper for you to believe. Just not likely, thats why there is a system in place to handle these suspended securities. It's like being a leper. Nobody want to get close enough and put themselves at risk so the grey sheet market exists as a deep dark pit where damaged goods go to die.

How about you provide me with a list of stocks sent ot he greys over the past couple of years and the number that have emerged from them and succeeded. Certainly if you are of the belief that this has legs you have done some basic DD and have some shining examples to use as examples?