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Re: bb72mo post# 1198

Sunday, 10/05/2014 9:44:18 AM

Sunday, October 05, 2014 9:44:18 AM

Post# of 4052
When a company agrees by Settlement to not oppose the SEC Admin Law Judge's revocation of their stock registration it means the company knows the Admin Law Judge will revoke the stock registration anyway, under DEFAULT reasons for being delinquent in Financials filing obligations.

The potential benefit for a company agreeing to settlement with the SEC Admin Law Judge is the company could thereafter file a Form 10 to seek re-registration of their stock. Only one company out of 1127+ revoked registrations in the last 4 3/4 years has successfully obtained a re-registration of their stock and concomitant filing obligations. If the company does not agree to Settlement to not oppose the SEC A.L.J.'s revocation of their stock registration whereby the SEC A.L.J. must revoke the registration by default it is unlikely the company would ever be considered for a new re-registration of stock.

Regarding the piggyback exception all stocks on the OTCBB and OTC require only one Market Maker sponsor to quote and make a market for their stock by way of a 15c-211. All other Market Makers rely on and "piggyback" on the one Market Maker's vetting of the 15c-211. Once a stock is Suspended by the SEC the SEC directs that no quotations can be entered for the stock when it is reinstated on the Grey Market after the ten day Suspension expires.

To bite the worm of incite is to bite the HOOK of the antagonist . They win .

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