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Re: Mr. Bill post# 65365

Wednesday, 06/22/2005 2:20:05 PM

Wednesday, June 22, 2005 2:20:05 PM

Post# of 285889
I just got off the phone with the guy (who sounded so nice last week) at the SEC that I spoke to the other day.

He wasn't nearly as friendly today.

At first he said he hadn't seen last night's PR but then he said he had glanced at it.

In a nutshell, he pretty much said that they could do what they were doing but wouldn't explain much more than that. When I said that it was criminal for the person or persons who sold us the shares to be able to walk away with that money and that probably we would end up with nothing, he said I was speculating.

I said that even though the "official" suspension was over, the brokers are refusing to accept trades so it was still suspended as far as I was concerned. I also said that the company expects to do a reverse split in about 2 weeks and that if the brokers won't let us trade the stock in those 2 weeks than we would all end up with pretty much nothing. I think he said I was speculating again.

I think he also did say that the investigation may not be over. That was the only promising thing that I got from the conversation.

Disclaimer: I didn't write anything down so all of the above is from memory and my short term memory is lacking these days!


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