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janice shell

10/07/12 6:02 PM

#178 RE: Lil Piggy #177

Most of the stuff your referring to are in all basically grey's to begin with.

No, they are not. They're OTC stocks--Pink or OTCBB--suspended by the SEC. A "dated" 211 is as good as any other.

The moment a stock is suspended, it is no longer in compliance with Rule 15c2-11. Just read the suspension notice.
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sidedraft

10/07/12 6:05 PM

#179 RE: Lil Piggy #177

Where do you read that any stock was suspended by the SEC for a "dated 211", whatever that is?

So then, it is your contention that LBSV is different than the over 1000 other stocks put on the greys?

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lucky, mydog

10/08/12 9:41 AM

#187 RE: Lil Piggy #177

nonsense.

As of September 21, 2012: From January 2010 until today there have been a total of 1116 SEC Suspensions where ALL 1116 stocks were reinstated on the Grey Sheets after the ten day SEC Suspension ended.

Of the 1116 SEC Suspended stocks since January 2010 645 Registrations have been revoked.

The remaining 471 stocks are on the Grey Sheets (or still in the ten day SEC Suspension within the last ten days) and not one has made it off the Grey Sheets back to quotation by any Market Maker.

Of the 471 stocks that are on the Grey Sheets most are awaiting revocation on DEFAULT for failure to file Financials, wherein there were no other allegations that would require subsequent SEC Litigation(s).

Stocks that were Suspended for any allegations are awaiting SEC Litigation or are being litigated and those stocks will remain on the Grey Sheets and will NOT be revoked until all SEC Litigation has been adjudicated by an SEC Administrative Law Judge.

For additional research the links below comprise all SEC Actions back to 1995.

SEC Suspensions:

http://www.sec.gov/litigation/suspensions.shtml

SEC Administrative Proceedings:

http://www.sec.gov/litigation/admin.shtml

SEC Litigations:

http://www.sec.gov/litigation/litreleases.shtml

Administrative Law Judge Orders:

http://www.sec.gov/alj/aljorders.shtml

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