Replies to post #74208 on Mike The Pike Productions Inc (MIKP)

[lucky, mydog]

The SEC moved way too slow to protect anyone.

agreed. this should have been suspended long ago.

[alj14]

Excellent post, Sheriste. What you say is undeniable. I continue to feel that positive precedent of success in the formidable task of persuading the DTCC to remove the chill may be a harbinger for the outcome of this current situation.

What I can't understand is how the SEC is supposedly "protecting potential shareholders" for something that transpired over a year ago. NO ONE is currently trading or making investment decisions on a press release from January 2010! They are also not currently trading on missed interest accumulation on financials from last year. DEBTS THAT HAVE BEEN RENEGOTIATED! The SEC moved way too slow to protect anyone. They are only hurting current share holders. The problems with the financials that they are concerned with no longer exist and current shareholders are very satisfied with the way the company was being run this year and if investors wanted to get out the market was very liquid, before the smack down.

[JPS02]

Agreed, couldn't we try as a group of sharholders to appeal this suspension on the grounds that is untimely and unmerited given the significant change the company has been through recently and subsequent to when the alleged findings by the SEC took place? Who is willing to help me on this?