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Re: TenKay post# 165677

Friday, 04/29/2016 12:57:53 PM

Friday, April 29, 2016 12:57:53 PM

Post# of 167964
WRONG!!! The SEC has the power to revoke and or suspend trading. If it is revoked trading stops indefinitely! At the time the SEC suspended SRGE it was an SEC filer! The SEC had questions and they were answered by SRGE lawyers! If the SEC were not satisified with SRGE lawyers answers the SEC could have revoked trading during the 10 day suspension and the SEC did not do that!

"The SEC may revoke the registration of stocks. In some circumstances, the SEC may revoke the registration of a defunct company's stock pursuant to Section 12(j) of the Exchange Act. Under Section 12(j), the SEC is authorized to revoke the registration of a security if it fails to comply with the federal securities laws. No broker-dealer may execute any trades in stocks whose registration has been revoked pursuant to Section 12(j)."