SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks Message Board

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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: ron giannamore who wrote (6767)	11/10/1996 7:16:00 PM
From: Skeeter Bug	of 13351

>>how did the SEC let us down.. this is what they do.... hutty let us down.. not the sec... sexi let us down, for no press release fri. the sec is like a policeman arresting one for a crime.. if you where arrested, would the police call your job for you to tell them you won,t be in, as you are in jail. or call your family.. NO.. it,s the same here.... it,s not the SEC.. it,s sexi!!!!!<< ron, we have to compartmentalize responsibility here. we all understand that all of this is a non issue if huttoe's apparently criminal mind had not valued his own enrichment over the $100s of millions that he cost everybody else. even so, i believe the sec has a responsibility. they are here to protect investors not cause them harm. they call for a trading halt. then they allow trading on the pinks. please explain how this policy has helped investors... the fact is that this policy of the sec has thrown us investors into a pool of sharks. moving the trading to the pinks has been bad and that is exactly the bottom line of what the sec did. the sec properly filed suit against apparent criminal deviants. this is good and appropriate. not to mention whether soe will continue to trade during this action, whether soe will be shut down or whether the decision to shut down soe is still pending has hurt investors. it has not helped investors. just ask mr wax who sold at $0.06 due to the lack of this information. at $0.06 per share they could've just shut us down. all of this could have been avoided with a little preventive medicine. a law that states that a company can't issue more than 10% of the o/s in a given q w/o notifying shareholders first would have done the trick. of course, the penalty must be big. 20 years in prison and treble damages would be a good deterrent imho. anyway, the question is not why we're here - it is all huttoe's and his posse of apparent bandits' fault. the operative question is, now that we are here, has the process that the sec uses to minimize investor damage done its job. my answer is no it hasn't. good luck...

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