Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: Marvin Mansky who wrote (16990)	6/28/1999 6:20:00 AM
From: Colin Cody	Read Replies (2) \| Respond to of 19331

IMO, the SEC does not protect shareholders of small companies. What they do is protect/prohibit FUTURE POTENTIAL shareholders from buying/acquiring your stock from you. The SEC IMO, does not fight for the current or past shareholder. Even if the SEC uncovered wrongdoings at a company, their promoters, whatever... they DO NOT IMO, do anything for defrauded shareholders. They ONLY stop trading and assess fines, fines which IMO, the gov't keeps. They do not reimburse shareholders for losses with the fines collected. The SEC is not your friend. Cooperate with an SEC inquiry as a naive, honest shareholder and they'll bite your nose off as their way of saying "thank you." Look at the trail from "Z", the employee at DCTC's transfer agent, "Z"'s transfer agent, "Z"'s new business partner, and the contact persons within the SEC. A nice cozy bunch is what some people might observe, IMO. Will the SEC ever disclose THEIR little tete a' tete? Hardly, they have their own club members, and IMO, they never consider the peon shareholder their friend. We are not in the club.