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JammingJAY

09/13/12 12:09 PM

#70726 RE: gemstone57 #70725

As far as I know SGCP has yet to be served.



By whom? Dear I hope it's not the SEC.

There is no process here to be served with, that information is incorrect. This has been an action taken because as I have said over and over SGCP share structure is corrupt The DTCC don't care how, they won't touch it.

SGCP has an avenue to appeal but will have to wait until the SEC moves on bronson, even then who knows.

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b4atf

09/13/12 12:38 PM

#70727 RE: gemstone57 #70725

I just emailed SEC again. They did not respond last time but who knows?

Hi Wendy, can you shed any light on the case against Bronson/ELionheart. I have read the SEC legal filing and Sierra Gold's (SGCP) public statement. www.sierragoldcorp.com/press_detail.php?recordID=106


Investors such as myself would be pleased to know whether SEC ordered DTCC to halt trading or if DTCC made their own decision. Is there any time frame shareholders could look forward to in a resolution to the SGCP issue. I am sure you are busy. Just a brief reply would be nice. The SEC complaint does not suggest that SGCP did anything wrong.


Thank you,


teppermanw@sec.gov
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agch44

09/13/12 4:46 PM

#70736 RE: gemstone57 #70725

gem, all the senseless posts of this expert-no-expert are just a sheer malicious rubbish aimed at inducing the confusion, fear, panic. Remember that "suddenly, this means SGCP death"? I just ignore him.

I had already posted here DTCC rules and regulations. In regard to its notices, they are expressly clear: in the prescribed manner, DTCC must serve the company with the notice outlining the charges. WITHIN TWO DAYS, the company must file objections. DTCC usually summarily rejects them. The company's next step then is an appeal to SEC challenging the charges. But before filing an appeal with SEC, this targeted company MUST exhaust this remedy. And how it would appeal, against exactly what, without even knowing the charges!