Petrotech Oil and Gas, Inc. (PTOG)

[Lonnie Starr]

First they have to file with the SEC and have that approved. Next the approved filing goes into the SEC Library, where market makers have their researchers look for stocks they can trade. After all, they make money trading stocks, but they're not going to do paperwork for the companies. If the approval is sufficient to file a 122 with the exchange, then one of them will file to make a market in the stock, depending only on how "hungry" they are. Usually there's always someone eager to do more business, so if the SEC filing is satisfactory, someone will file the 122'.

So, if the company wasn't telling us a pack of lies, and actually has contracts, agreements and rights, business and production/products, it usually takes about 3 months to get back on the pinks. MDDD was suspended until Dec. 27 2012, they were back on the pinks by early March 2014.

During the time it takes to do the proper filings, companies usually remain quiet, to avoid complicating matters.

It looks like "dissimilar assets" triggered the SEC investigation, since that's a red flag in their book, when a company making shirts, for example, undertakes a shipping or farming company. Most pennies/pinks don't bother filing anything with the SEC unless it's required, although they can file they usually don't bother with more than the basic stuff.

PTEC said that their filing preps were already underway before the suspension, if true, they might come back sooner than 3 months. All we can do is wait and see.