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Tibet Pharmaceuticals, Inc. Message Board

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  • unclefulbert unclefulbert Apr 11, 2012 9:10 AM Flag

    let's listen to the one who told us :NTN 10K Filed

    repost, the best post on this board and anywhere.

    Dear everybody... 4-Apr-12 04:13 pm ...let's stop with the conjecture.

    Here's what we know.

    The most recently filed document was TBET's 3/1 8K (Source: Edgar)

    The trading halt was not the result of an SEC suspension (Source: http://www.sec.gov/litigation/suspension... and http://www.sec.gov/news/digest/2012/dig0...

    The trading halt was a T12 initiated by NASDAQ (Source: http://www.nasdaqtrader.com/Trader.aspx?...

    Now, the SEC can suspend trading for violating its rules. Alternately, NASDAQ can halt trading for violations of its own exchange rules or SEC regulations. Because TBET does not appear on the SEC suspension list, it is logical to conclude that this halt is purely NASDAQ-based (albeit possible for failing to meet SEC regulations). Just note, however, that T12 does not mean that either the exchange or the SEC are in possession of some recent filing and are seeking "additional" information. It just means that they are seeking information "in addition" to the information already available in the public domain. Ergo, if you're hoping that T12 provides some hidden-meaning regarding a yet-unreleased 10K or going-private filings, you are likely mistaken.

    For the record, I have serious doubts about people claiming to have been in touch (whether recently or weeks ago) with Fiona. I also have doubts about the legitimacy of the auction, but I have no evidence one way or another. I will, however, caution all of those that are saying that TBET's operation is either "too complex" or "too simple" to be a scam. Jordanian King Emails remind us that no scam is too simple, and Madoff reminds us that no scam is too complex.

    So, let's all make a deal. Since we can't trade anyway, let's just dig in and attempt some due diligence. If you find something (1) material and (2) verifiable, post it. If not, stop with the conjecture. Rating :
    (2 Ratings)You have rated zaahc78


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