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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: WRAP_IR who wrote (4886)	9/12/1998 2:43:00 PM
From: Just My Opinion	Read Replies (1) \| Respond to of 26163

I believe the SIPC would not take years to settle, I believe there are precedents to review, but these may only concern the failure of firms, not this kind of thing. I think they take about 1 year, depending on the situation. Now, if the court orders the people to pay up, cover whatever, and they don't then they have to justify their non compliance. V: If the courts suspect a fraudulent type of escape manuever, then I would imagine this would open a different can of worms. However I doubt if this part of it would affect aznt, only the parties doing the bad deed. I believe that the SIPC would step in, but the problem is,I think they then determine a "fair" value, and pay that. I believe it's not what the market decides, it's what the SIPC decides is the value. (I have a basis (I think... it's from memory) for this belief, but I just can't find where I read it. I was looking it up because of RMIL, and god knows what I did with the link) I guess someone could call them and pose the question. I don't know why shares were issued, I am really only observing. (helping the longs if I can.. I admit being biased to the longs, ALWAYS) I agree that the BB's are tough, but I feel a lot of the blame lies at the feet of the SEC. Their lack of oversight is a primary cause of the problems, IMO. JMO