IOC/SEC/AGM

[vidon]

I spoke with one director about the SEC and he said that IOC does not initiate contact with the SEC, but has been contacted by them. There were several requests for info/data by the SEC and IOC complied.  Minkow went to his current residence.  Recently the SEC has again requested info/data and IOC is again complying.  This is the full extent of that conversation.

[Movieguy]

I spoke with one director about the SEC and he said that IOC does not initiate contact with the SEC, but has been contacted by them. There were several requests for info/data by the SEC and IOC complied.  Minkow went to his current residence.  Recently the SEC has again requested info/data and IOC is again complying.  This is the full extent of that conversation.

Thanks for that clarification.  Let's hope the SEC takes meaningful action.

[Palm]

Heard mention of some 25 pages if info being provided to SEC. That sound accurate Vidon?

[Getitrt2]

I think they will ultimately need a lot more than that, and hopefully they will be seeking information from a lot of other sources.

[ArtM72]

Heard mention of some 25 pages if info being provided to SEC. That sound accurate Vidon?

i can confirm that.

[vidon]

[quote='Palm' Yes, IOC did provide about 25 pages tto the SEC after being requested by SEC. I think it is revealing and interesting that SEC made the first of several contacts,to IOC, not the other way around,and are even now reviewing recently supplied .

Heard mention of some 25 pages if info being provided to SEC. That sound accurate Vidon? [/quote]

[vidon]

I should add that the 25 pages mentioned were provided earlier and that new additional info/data provided are incremental to the early submission. I did not hear how many new and current pages have been submitted. My takeaway is that the SEC does in fact know there are enough strange actions in the trading of IOC that the agency is seeking supporting evidence that would give them proof by which to take corrective action. ] Heard mention of some 25 pages if info being provided to SEC. That sound accurate Vidon? [/quote]

[Palm]

Interesting Vidon; even more extensive than I thought.