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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: Lola who wrote (8916)	9/25/1999 1:11:00 PM
From: Laser	Read Replies (2) of 36688

Lola, just a comment or two: "Another thing to keep in mind is that when the US SEC starts to delist all the scam companies off of the OTC down there and moves them to the pink sheets (which is like being in stock market hell) we should see an exponential increase in manipulation in the Canadian markets." I kinda doubt if all scams will be eliminated. The new rule is a huge step from what we had for sure, which basically was NO reporting requirements at all to speak of, now one will have to at least have a lawyer and a bean counter to stay listed, or at least a bean counter and someone who can fill out the forms, perhaps the secretary? Most of the new eligibility requirements are of a financial nature. The following URL may be of some interest, scroll down to "Rule 15c2-11": otcbb.com Some people may scoff, but the VSE has some fairly stringent listing standards especially with junior mining wannabe's. There are some bb companies making outrageous ore reserve claims which would never be tolerated by the VSE. Stock fraud and manipulation knows no nationalistic boundaries and can exist anywhere, even on a well regulated stock exchange, even the TSE of all places. Oh horror of horrors!

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