GREY:SWFCF - Post by User
Comment by
Montrose2on Sep 21, 2008 3:44pm
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Post# 15473414
RE: Not Defending Management
RE: Not Defending Management
Just trying to provide some perspective to the events.
This issue has not been "de-listed". Trading has been suspended. Happens all the time to venture companies. These are small organizations whose long suit is looking for things in the field and whose usual short suit is administration.
Have experienced many similar situations in the past and have not found many companies providing press releases explaining the actions of the Exchange Commission. My experience is that if they are going to achieve "resumed trading" status their energies have to go towards providing whatever information the exchange wants and it is only after that happens that the exchange issues the press release on a resumption.
There are an entire range of possibilities out there including of course the dire predictions of some of the board participants. The bottom line for people who continue to hold this stock is there is absolutely nothing that can be done and we are left to "wait and see".
Would that it were better but C'est la vie.
Onwards and Upwards