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doughboy2

05/07/13 6:50 PM

#8855 RE: Somuchcents #8854

I think you are confused.

If the SEC advised N that it could never become compliant, it would have suspended trading.

How would N be trading to this day?

What I've heard is that N's SEC attorneys advised MK that N was a mess and would require a lot of work and money to clean up.

If MK felt that he was sold a bad bill of goods, that falls squarely on his DD.

But this SEC story is implausible, IMO.