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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?


To: CYBERKEN who wrote (1587)3/12/1999 4:40:00 PM
From: Dan O.  Respond to of 2153
 
The Company may very well have asked their counsel in NY if there is any way to express their displeasure with the way the SEC has acted in this matter. But remember that at the same time they are jumping through the proverbial hoops to satisfy the SEC's questions and get the suspension lifted. They may be wise to hold off on creating waves just now.



To: CYBERKEN who wrote (1587)3/12/1999 4:44:00 PM
From: Andrew H  Read Replies (1) | Respond to of 2153
 
" Is there not a way to complain about such (potential) bureaucratic incompetence? "

I am sure the SEC, being a division of the US gov, has a complaint department.

Posters might try PMing John Stark who posted today on the thread for the SEC to see what information he might be willing to give.

We have not heard the SEC's side of the story. I have heard that with very small companies, if they have any questions, they may halt first and then investigate to keep insiders from fleeing or selling shares. Perhaps this concern is why they did things the way they did.