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Post by JoeRockss on Mar 11, 2008 18:05:02 GMT -5
hndtohnd Steward Letter from SEC to SNEAKERBABE! OMG! -------------------------------------------------------------------------------- Thank you Sneaker for doing all you do and now for sharing this letter with all. I know some will spin it, but let'em.....
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Post by imSINGLEruRICH on Mar 12, 2008 10:01:43 GMT -5
wonder why hndtohnd added the .....OMG?? ...... really nothing that we already did not know right?? Everybody seems to want money...... just send your money and we will send you nothing IE....... Frizzell, Faulk, Fuego Entertainment..... geezzzzzzzzzzzzz Single
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Post by imSINGLEruRICH on Mar 12, 2008 11:24:23 GMT -5
snifferpup Mod Squad Re: Letter from SEC to SNEAKERBABE! OMG! « Reply #1 on Today at 11:16am »
Kay, here's the spin...
If this play is of the magnitude that some believe, common sense suggests that there is no way in the hay that the SEC, or any other agency involved, would respond to a letter about any pertinent facts surrounding the case...
If this case is not of the magnitude that some believe and is exactly as Tyler has claimed, there is no way in the hay that the SEC, or any other agency involved, would respond to a letter about any pertinent facts surrounding the case...
The response can be spun as positive...
The response can be seen as negative...
Both side's see it as positive.
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Post by imSINGLEruRICH on Mar 12, 2008 15:56:42 GMT -5
and another reply from the SEC........Thanks Sooner......akassc DIAMOND DIGGERRe: Letter from SEC to SNEAKERBABE! OMG! « Reply #3 on Today at 2:29pm » hello all......long time lurker......first time poster. just got this back from the SEC also in an email. Not sure if anyone will spin or disect it but here it is. Dear Sir: Thank you for contacting the SEC. First, let me note that we appreciate receiving your comments about the issue of naked short selling and whether or not Regulation SHO has been successful. Comments such as yours help us with our regulatory efforts. For more information on how Regulation SHO operates, please see the information in our Spotlight section at www.sec.gov/spotlight/shortsales.htmSecond, we encourage you to comment on proposed Rule 10b-21. The release will be posted as soon as possible at www.sec.gov/rules/proposed.shtml You can review the proposal and provide your comments through the online complaint form that will be available. Finally, I note that the new Office of Collections and Distributions is intended to expedite the distribution of money to investors that the SEC has recovered in actions that it has successfully brought against violators of the federal securities laws. For more information, please see the press release at www.sec.gov/news/press/2008/2008-12.htm The SEC has not brought any action against CMKM Diamonds other than the administrative proceeding in 2005 in which the administrative law judge ordered the revocation of CMKM Diamond's registration with the SEC. Therefore, there is no money that the SEC can distribute to CMKM Diamonds shareholders. You may want to monitor our website at www.sec.gov to see if the SEC brings an action against CMKM Diamonds at a future time. I note that the SEC conducts its investigations on a nonpublic and confidential basis. Therefore, we cannot comment on the status or existence of any investigation involving CMKM Diamonds or of any entity/individual for violation of Regulation SHO until there is a public announcement of any civil or administrative action taken by the SEC. Sincerely, Ann H. Sulzberg Special Counsel U.S. Securities and Exchange Commission Office of Investor Education and Advocacy (202) 551-6308
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