Its all about LIABILITY. No SEC attorney can argue
Post# of 5570
Posted On: 04/28/2015 2:26:27 AM
Its all about LIABILITY. No SEC attorney can argue against that. It is the very reason for their profession to exist in the first place. How the appropriate course of action is pursued remains to be seen. To me, this is a very dangerous game to play. Its my opinion and nothing more. I rest knowing your intentions and others are well placed however this action I will not participate in. Not just because of FEAR (SEC/ past experiences) or FAITH (in 2 SEC attorneys word thru the great vine) but because my gut tells me this will not work and the RISK is alot higher than creating or following a different course of action. The price at .0001 can get worse. Our accounts can be frozen and cant write them off until all financial matters are addressed with an issuer and its officers handling of its money. Im not saying this will happen...but to say it cant get worse than a reverse split or a quote at or remaining at .0001 is not true. Anyway, this is not an argument but a discussion among concerned and intelligent shareholders that want the best possible outcome for our hard earned capital given as an investment to this start up company freely. Whatever happens next will play itself out and I look forward to a resolution just not the way via the SEC complaint way. I don't trust it. Again...that's based on my own reasons and how I perceive things now as they are.
On another note, I would suggest another avenue but that is a very sensitive course of action and for some unknown reason its not being pursued. And I think that's what bothers me the most about this whole thing. It just doesn't add up. (Hint = Articles of Incorporation)
$MPIX
On another note, I would suggest another avenue but that is a very sensitive course of action and for some unknown reason its not being pursued. And I think that's what bothers me the most about this whole thing. It just doesn't add up. (Hint = Articles of Incorporation)
$MPIX
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/