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Technology Stocks : Solucorp Industries (SLUP - OTCBB) -- Ignore unavailable to you. Want to Upgrade?


To: hawkeye who wrote (3201)11/11/1999 4:55:00 PM
From: hawkeye  Respond to of 3679
 
CORRECTION Last:

"Chairman X dispatches armed agents of the FBI to harass his critics on the grounds that they have made statements that Chairman X considers to be threatening." (not "threating")



To: hawkeye who wrote (3201)11/11/1999 11:20:00 PM
From: hawkeye  Read Replies (4) | Respond to of 3679
 
!!!!!!!!!!!!!!!!!!!!!!!!!!!!HERE IS THE LAW !!!!!!!!!!!!!!!!!!!!!!!!!!

HERE ARE MORE TEACHINGS FROM MR. JUSTICE REHNQUIST!!!!!!!!!!!

THERE IS NO HIGHER US LEGAL AUTHORITY ON THE FACE OF THE EARTH!!!!!

(FWIW: hawkeye remains fixated on Mr Justice Rehnquist's words in Samuel Sloan v SEC. hawkeye does so because he not aware of any other source of guidance that is available in determining the legality of the SEC's use of its section 12(k) 10-day "Temporary Suspension" authority. hawkeye makes no pretense to being a securities lawyer. However, the more hawkeye studies these words, the more hawkeye becomes convinced that the SEC's current regulatory scheme represents an unauthorized abuse of its statutory authority.

As hawkeye reads these words, they say that the SEC can suspend trading in a security for ten days. AT THE CONLUSION OF THAT 10-DAY PERIOD THE SEC MUST DO ONE OF TWO THINGS: EITHER FILE AN INJUCTIVE ACTION TO STOP THE ACTIVITIES OF A COMPANY THAT CAUSED IT TO ISSUE THE SUSPENSION; or DISSEMINATE TO THE PUBLIC A FULL EXPLANATION TO JUSTIFY THE SUSPENSION!!!!!!!!IN OTHER WORDS, ON THE ELEVENTH DAY, NOT THE SECOND YEAR!!!!, THE SEC MUST LAY ITS CARDS ON THE TABLE FOR ALL TO SEE!!!!!a.k.a. "SOGOOTP"

If the SEC wants to launch a further investigation after that, fine! But at least the Company and the shareholders would have the immediate opportunity to challenge the alleged facts and actions of the SEC in the courts without having to wait for years!!!Equally important, is that the markets and the market market-makers will have some rational basis to judge the company other than by LETTING SUSPICION AND IGNORANCE STEW FOR MONTHS AND YEARS!!!OUTRAGEOUS

HERE!!! HERE ARE THE WORDS!!! HERE IS THE LAW!!!!!!READ THEM !!!!!!!!THEY ARE FAIRLY CLEAR!!!!!!!!!!!MAKE YOUR OWN JUDGEMENTS

"On its face and in the context of this statutory pattern, § 12(k)[10-day Temporary Suspension Authority] is more properly viewed as a device to allow the Commission to take emergency action for 10 days while it prepares to deploy its other remedies, such as a temporary restraining order, a preliminary or permanent injunction, or a suspension or revocation of the registration of a security."

[The SEC] argues that injunctions and temporary restraining orders are insufficient because they take time and evidence to obtain ...It seems to us that Congress, in weighing the public interest against the burden imposed upon private parties, has concluded that 10 days is sufficient for gathering necessary evidence.

The second of these alleged insufficiencies is likewise less than overwhelming. Even assuming that it is proper to suspend trading simply in order to enhance the information in the marketplace, there is nothing to indicate that the Commission cannot simply reveal to the investing public at the end of 10 days the reasons which it thought justified the initial summary suspension and then let the investors make their own judgments.

Even assuming, however, that a totally satisfactory remedy -- at least from the Commission's viewpoint -- is not available in every instance in which the Commission would like such a remedy, we would not be inclined to read § 12(k) more broadly than its language and the statutory scheme reasonably permit. ...

[The 10-day Temporary Suspension Authority] provides the Commission with a powerful weapon for dealing with certain problems. But its time limit is clearly and precisely defined. "

ishius.com





To: hawkeye who wrote (3201)11/12/1999 1:16:00 AM
From: hawkeye  Read Replies (3) | Respond to of 3679
 
NOTICE TO THE SEC: CONSIDER YOURSELVES AT RISK OF HAVING YOUR CURRENT REGULATORY SCHEME THROWN OUT BY THE UNITED STATES FEDERAL JUDICIARY -- hAWKEYE HAS BEGUN TO PREPARE HIS FILING IN THE MATTER OF hAWKEYE (not HAWKEYE) V. SECURITIES AND EXCHANGE COMMISSION

See Y'ah in Court!!!!!!!!!

Tell It To The Judge!!!!!!!!!!!!!!!!!!

hawkeye (not Hawkeye), Esq., CITIZEN, UNITED STATES of AMERICA!!!
and (Until You Convince Me Otherwise) Proud Shareholder in Solucorp
Indusries Ltd.