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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00240-48.9%Nov 3 10:00 AM EST

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To: Arcane Lore who wrote (7237)7/30/1998 9:45:00 PM
From: slotman  Read Replies (2) of 11684
 
So basically, the SEC puts the responsibility of verifying all that MTEI claims to be true. The SEC won't do any investigations until they file fraud charges if they are warranted. They don't have the time or resources, or knowledge for that matter, of every industry that is publicly traded.
I'm with most people here in that I don't think fraud was intentionally committed by MTEI's mgmt.
MTEI may have already gotten a green light (unlikely) to start trading, but, the market makers have a hell of a lot of work to do before 8/12/. If they don't want to deal the stock anymore, they don't have to. UNLESS THEY'RE SHORT!

Good luck to all
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