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mikenmtv

04/21/12 11:01 AM

#46189 RE: DR_WHODAT09 #46188

You're right...It rescinds the 15d filed in January.

I stand corrected. (my google was around the notation that she had checked box concerning Rule 15d-6)

The company was never eligible to file a 15d in the first place based upon the number of bagholders exceeding the 300 statutory limit....thus the previous filing was invalid and they remain subject to reporting requirements. Yet the SEC suspended them despite the filing of the January 4 annuals. Given the broad base of the suspension, we can only speculate on their motivation to act.

The fact remains that 2 billion emxc shares are remain completely illiquid and hence valueless.

I guess she will have to pick one of the other three doors.