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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: eric larson who wrote (46313)7/12/1999 12:03:00 PM
From: Howard C.  Read Replies (3) | Respond to of 50264
 
I think there is a lot of confusion here re: meeting the "listing requirement" and responding within the 10 business days that the SEC imposed on the suspension. I don't think the SEC could care less about if/when DGIV files financials to meet the listing requirements. This inquiry is totally independent of that. I mean, the SEC can suspend trading on a company whether they are listed or not. As far as whether there were "non-disclosure" deals with foreign entities, once DGIV made public statements, such as in the TV ads and in the IBD ads and in previous statements re: contracts and agreements, then the SEC cares what they represented to the shareholders as fact. I think, and I agree 100%, they are umimpressed with any argument which says "well, I've got these foreign investors, and they don't want the US investors to know what deals we are making." The SEC obligation is to protect we investors, and if they don't respond properly within the 10 business days, there's no way they will resume trading. They better 'fess up now. What do you think?