Replies to post #20381 on Smoky Market Foods, Inc. (fka SMKY)

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I do not disagree with you. Unless someone turns over a slimy rock that shows $1million plus in fraud, Eddie is a slippery rock. The FBI and SEC wants to get a guaranteed win and a press release with a $1 million number or higher. Otherwise, it is not worth their time.

However, I have no clue the scope of Eddie, it/he could have passed the threshold, I really do not know that. If he fails to file eventually the SEC will invoke Section 12(j) someday. Could be 6 months or it could be 2 years. In the mean time, Rule 144 no longer applies to anyone with a restricted certificate, and Asher cannot convert to free trading anymore. Rule 144 does not apply any more.