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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: Gutterball who wrote (3634)3/12/1999 3:27:00 PM
From: learnstocks  Respond to of 8189
 
Dan,
That is right. There really isn't anything like an SEC "seal of approval", as you know. The SEC is there to REGULATE. This means that they don't approve or disapprove if the company makes mistakes. They do jump up and down if the company tries to defraud investors.
And, BTW, that is what happened to RSI. They got their hands and toes slapped by the SEC.
Vic