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floridaboy

02/06/13 2:18 PM

#18775 RE: PennyHoper #18773

PR today shows major value back into ANTS, does it not?

No reason to think wherever it trades, while whatever process needs to be followed takes place, that the stock would be worth less than it is today...Screwy logic?

What about investors, let's say at .10 or above, they just get screwed?....Can't see that happening. Can't see a company on the upswing, as recently as today adding a big piece to the puzzle, and ending up layin' everybody else down like that.

Doesn't make sense, does it?
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lucky, mydog

02/06/13 2:18 PM

#18776 RE: PennyHoper #18773

many suspended companies trade on the grey sheets for years.

if ants is revoked, you would then become a shareholder in a private company. if ants is legit, that might not be a bad thing. the sec can't shut down a company.

in the case of a company that was suspended last week for the same thing, they put out the following 8k. it is not yet clear how that is going to work out and the company made factual errors in that 8k, but it is interesting. they are agreeing to being revoked and will then try to re register stock.

http://www.sec.gov/Archives/edgar/data/1216774/000114420413004418/v333187_8k.htm