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Re: dustybutler1 post# 22495

Thursday, 11/11/2004 6:12:29 PM

Thursday, November 11, 2004 6:12:29 PM

Post# of 45565
No, no expert on USCA, I do have some experience in the experience though. I ask you step back into reality and check out the list of suspended OTCBB stocks since 1995 and tell me how many of them relisted back to the OTCBB.
http://www.sec.gov/litigation/suspensions.shtml

Answer: 3 out of 105

Next, what was the average time frame it took for the 3 to return?

It took econnect 18 months and Golden Eagle 28 months. No data on the third.
Having Roger might help, I know Golden Eagle had their own SEC Attorney and it took 28 months to be relisted and that was even after the CEO beat the SEC in court.

http://tinyurl.com/5l2jb

The point I was trying to make, based on the suspension list and experience dustybutler is that the SEC does not just hand out suspensions unless there are either serious problems or the SEC has a grudge against someone in that Company.

I honestly and truly hope USCA makes history and resumes trading promptly because of my disdain for the SEC and the fact that innocent people (we shareholders) are getting screwed.

Best to you.

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