Dear Wally,
"...the SEC has given FNTN a finite number of months to attain their goals. So let's all come up for air, step back and take it one "event" at a time - starting with full reporting."
Wally agreed, do keep in mind that an approval of the SB-2 does not meet that requirement, forms 10-K, 10-Qs are what is required along with 8-K etc. There also seems to be a verification requirement that in essence requires MMs to vouch if you will for the legitimacy of the information filed in order to make a market, in a weird way putting them in a quasi-accountant role. It is difficult to get any information on this, results of pounding head against a stucco wall can be more "productive" than trying to reach someone who can discuss this, lolo ;). At any rate hopefully more facts will be forthcoming on this entire process, would be a travesty to screw everyone invested in these issues while they are going after the "crooks".
FYI: Anticipate ECNs to pop up that are in between OTC & Pink boards, will be interesting to watch that.,,,, Barbara
P.S. The ounce ran away with the gram ;).
P.P.S. "crooks" is a bad word, couldn't come up with anything else, am sure that legit companies will get hammered in this whole process as well.
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