Adia Nutrition, Inc. (ADIA)

[Jason Coombs]

Under normal circumstances, yes, but in this case the issuer is not current in its reporting obligations and given the pending criminal prosecution of Richard Weed you can be certain the SEC is looking at LVVV's S-8 filing and deciding whether it approves of what Bill Hodson is doing. In practice the S-8 filing gives the SEC a red flag especially in the case of a former shell company reverse merger with a history of questionable conduct and affiliation with suspected bad actors. The Commission absolutely can revoke the issuer's authority to issue S-8 shares. See:

https://www.sec.gov/rules/final/33-8587.pdf

"an entity may use Form S-8 to register offerings of securities pursuant to employee benefit plans only if:

the entity has filed all reports and other materials required to be filed by Section 13 or Section 15(d) of the Exchange Act during the preceding 12 months"

Apparently LVVV wasn't suspended yesterday despite the obvious need for a trading suspension to protect investors. How many legal problems will Bill Hodson create for himself with this S-8 and his new 1.5 billion share structure? It seems like suspending trading of LVVV stock would be in Bill Hodson's best interest, too! See:

http://calcorporatelaw.com/2012/08/use-a-form-s-8-go-to-jail/