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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Mighty_Mezz who wrote (5248)3/29/2000 2:14:00 AM
From: Bear Down  Read Replies (1) of 7056
 
Please correct me if I am wrong, but didn't the rule 701 changes made last May prohibit shares for services type transactions for consulting and promoting ? As I remember reading the rule change it had a non-grandfather clause to prohibit existing aggrements from being continued. For some reason this rule change has NOT been enforced at all. I know I personnally sent 20 or so complaints to the SEC regarding this last year until I finally gave up expecting action.
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