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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: ernie de la fuente who wrote (16921)6/22/1999 6:48:00 PM
From: Colin Cody   of 19331
 
So the SEC has clumbsily created a situation to make the success of a small business even tougher than it already is by creating hardships for the MM's who can't be bothered with their red-tape nonsense!!

Almost ...but "clumsily" isn't the right word. The SEC is not your friend. this is the standard M.O. of the SEC. DCI shareholders are now learning this is a fact.

I have seen absolute cr@p get listed through 15c2-11 filings in the past months. Shells, shares with no real information about them other than what some paid promoter posts on the internet. It is easy to list this cr@p because the SEC hasn't tainted the briefcase of papers that is all these companies are made up of.

The more people that talk with the SEC during an investigation the worse it gets for the Company. Not because there is anything wrong, but because this is how the SEC opperates. and they ACTUALLY think they "are doing investors good".

It took the SEC 3 years to shut down IDID. I knew it for what it was YEARS earlier because of observing a very sharp schiester on Prodigy who was promoting the purchase of their shares. The SEC did nothing, not until people bid it up from 1c to $1.50, THEN the SEC shut them down, sticking it to the $1.50 a share buyers. An investor's friend? no, the SEC is not your friend.
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