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Alias Born | 08/19/2009 |
Friday, December 15, 2017 4:49:25 PM
Effectively...
Failure to file for 2 years and then ignoring the SEC warning of pending suspension are not negated by the "why"... Maybe the first, definitely NOT the second!
"that sure doesn't seem like 'due process' nor legal to have every outcome be 100% revocation..."
Due process - a judicial requirement that enacted laws may not contain provisions that result in the unfair, arbitrary, or unreasonable treatment of an individual. THEY WERE WARNED AND CHOSE TO IGNORE IT! Now they argue that isn't fair? Sorry, that is fair!
"but lets say they file the Super 10K and still end up revoked"
They will...
"at that point they have all their financials up to date and can file to relist."
Good luck with that! MUCH harder and longer of a process than it sounds!
Here is an idea... WHEN THE SEC TELLS YOU IT IS YOUR LAST CHANCE TO FILE OR WE WILL SUSPEND AND REVOKE YOUR TICKER... DON'T IGNORE IT!
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