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LilDigger

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LilDigger

Re: None

Tuesday, 08/04/2015 7:17:05 PM

Tuesday, August 04, 2015 7:17:05 PM

Post# of 5576
"It is ORDERED that Respondents shall SHOW CAUSE by August 10, 2015, why the registrations of their securities should not be revoked by default due to their failure to file Answers or otherwise defend this proceeding. "


The document states that the respondents (Silverado et. al) had been served with the OIP and their answers were due by July 27th, 2015.

https://www.sec.gov/alj/aljorders/2015/ap-2995.pdf

If there is no response by the company then:

"If Respondents fail to respond to this Order, they will be deemed in default, the proceeding will be determined against them, and the registrations of their securities will be revoked."
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