News Focus
News Focus
icon url

Peggy

09/18/12 5:37 AM

#7665 RE: joelu #7664

Hard to say. If missing financials is the only thing that the SEC suspended them for then I suppose that ZMGD could survive a bit longer if they decided to file financials.

However, the SEC is normally very deliberate when it comes to suspending companies like ZMGD. In my experience, suspension is almost always a death knell that indicates far more serious underlying issues than merely late or missing financials.

Without a doubt there have been complaints against ZMGD filed with the SEC.

Where there is smoke there is fire.

I believe that once this goes grey market in about 10 days there will be attempts by many to run for the exits.

Not good at all IMO.
icon url

ratso1

09/18/12 8:37 AM

#7668 RE: joelu #7664

ZMGD is a OTC Pink. The SEC could care less about their "financials".

Renee is exactly correct on this matter. Go back and re-read her post(s).