SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : JAB International (JABI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frank Brisebois who wrote (4095)11/17/1998 2:08:00 PM
From: Ryan Weisman  Read Replies (2) of 4571
 
Regarding the SEC hearing;

I don't believe the key issue is the $1 stock price. I think the main issue is that all the SEC documents (10-Q, etc.) be in order, since Chapin and co. did nothing. That's why we have the "E", because we are SEC delinquent. The SEC was prepared to delist the stock because the company was non-existent. No money, no plan, nothing but debt. Now, hopefully Larry can get the paperwork in order and show the SEC that he has a real plan. He is taking the $100,000 risk to attempt to keep US listed.

Good riddance to Jim Chapin. The only thing negative about this situation is that he will benefit from Larry's work.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News