Friday, November 9, 2012

MCP Follow Up

This is being released from StreetInsider:

From the Filing:
In August 2012, the staff of the SEC notified the Company that a formal order of investigation had been issued regarding, among other things, the accuracy of the Company's public disclosures. The Company is cooperating with the staff of the SEC in connection with the investigation. The Company cannot predict the length, scope or results of the investigation or the impact, if any, of the investigation on the Company's results of operations.

MCP was halted then reclaimed about half of the drop and looks halted again. I'd be reducing risk in MCP until this is clear.


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