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Microcap & Penny Stocks : PLNI - Game Over -- Ignore unavailable to you. Want to Upgrade?


To: yardslave who wrote (5000)6/23/2006 9:01:57 AM
From: shortsinthesand  Read Replies (1) | Respond to of 12518
 
Yard... "informal SEC inquiry" ... Thats like a IRS

field Audit? Thats when you go to your mailbox and find a letter from the IRS and they have already scheduled you an appointment to voluntarily bring your records in for inquiry...

That can make your heart skip a couple of beats.LOL

ARTICLE I: informal inquiry; Thats when the SEC knocks on your door and politely ask if they can come it for some tea and ask you some relevent questing pertaining to your business affairs as a public company.

ARTICLE II: Formal investigation; thats when your company is either served papers with demands or they knock your door in without knocking first before you run the wanted documents through the paper shredder!

happy trading

shorts



To: yardslave who wrote (5000)6/23/2006 9:16:15 AM
From: shortsinthesand  Respond to of 12518
 
Hmmmm... A SEC inquiry a good thing....

Nothing comes to mind?