That is why they are a PINK company and not an OTCBB company.
Lets discuss SEC responsibility.
How does an organization ignore their very own rule -
Go do some research on GVRP / MAMG
CRIMINAL behavior by regulators
They even reference the situation (but not the stock) in later discussions and say we want to prevent another scenario like this happening. (which would have been bad for our friends).
In Japan, when a situation about 1/1000000th the size of GVRP happened a Jap broker lost more than 20 MILLION USD to an American broker.
Their markets have integrity - the US has corrupt regulators
You can find thousands of companies in the exact same boat as ENCP - why were they all not suspended? Oh wait brokers and MMs are making money selling those shares with bloated share structures that just continually reverse split. Oh yea, thats why they do nothing with those comapnies, it behooves their friends!
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