Smoky Market Foods, Inc. (fka SMKY)

[pitts77h]

LOL I suggest you research what "SEC REVOCATION" actually means.

SMKY getting ready to trade again , and at a higher share price

You'll quickly see that it means the exact opposite of "getting ready to trade again."

https://www.martindale.com/corporate-law/article_Holland-Hart-LLP_512760.htm

Section 12(j) proceedings destroy shareholder value. Once these proceedings are instituted, the SEC staff is unwilling to dismiss them even if a company agrees to voluntarily deregister its stock by filing a Form 15 with the Commission. Further, even though the Pink Sheets does not require companies to be current in their reporting obligations, the NASDAQ has started to cancel the ticker symbols of companies subject to Section 12(j) orders, thereby ending all trading, both on the Pink Sheets and elsewhere. In so doing, the NASDAQ is relying on statutory language indicating that brokers and dealers are prohibited from effecting transactions in stocks whose registration has been revoked. The result of NASDAQ’s actions is that shareholders may suddenly find themselves holding shares that they can no longer sell on the open market. By effectively imposing the “death penalty” against these public companies, the regulators are ignoring the resulting harm to shareholders, who are likely to file lawsuits against management of these companies for not warning them of the pending cessation of trading.