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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Parker Benchley who wrote (18791)8/20/2000 12:46:29 PM
From: ernie de la fuente  Read Replies (1) of 19331
 
I am absolutely sick after reading the report!!!

If only 50% of the SEC claims are proven true, we shareholders STILL have been had. Imagine if 100% are true and if the SEC missed some things especially in the "ill-gotten" gains area?

HOT QUESTIONS:

1) Why doesn't the SEC make public, letters written to companies like DCTC when the SEC is questioning the accounting on a qtrly filing?

If I had known such questioning by the SEC took place, I would have sold my holdings in a millisecond or not PURCHASED ANY MORE shares of DCTC!!!!

2) Why are companies like DCTC allowed to file qtrlys that the SEC feels are improper especially when it is taken to the level of the SEC writing a letter to DCTC?

This makes it seem any public company can file anything they want especially when they have an auditor "looking the other way" as the SEC has implied took place here.

3) Shouldn't the SEC have a policy that allows them to officially rescind past qtrly filings to PROTECT THE PUBLIC AND EXISTING SHAREHOLDERS??

4) Why didn't the NASD make its rejection of DCTC filing for a full NASDAQ listing public info?

I called the NASD and couldn't get any comments from them. All I could muster was an email response from DCTC that reported that we didn't get listed due to "we were rejected because our stock price was not high enough at that time". How many other folks received emails similar to this from DCTC???

I am sure I have more questions but I have to go puke again!

Let's not be shy folks. Don't let the Valuehunters and Don Greens of the world who now claim to be on OUR SIDE irk you from posting.

SHARE IDEAS, SHARE QUESTIONS, LET's GET TO THE BOTTOM OF ALL OF THIS.

No more I told you so's. Put past differences between shareholders to rest!!!!!

If you have a deep desire to keep the "I told you so" going because you get off on it, just PM me, call me names do whatever will get you your fix but please let's get some open CONSTRUCTIVE dialog going here again.

It is not time to WALK AWAY with your losses!!!!

It appears as I always suspected, the SEC sure as hell could have done a better job of PROTECTING THE PUBLIC as it was on the trail of SOME REAL INJUSTICES TAKING PLACE in DCTC land!
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