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SGUI registration revoked:
https://www.sec.gov/litigation/opinions/2019/34-86388.pdf
07/17/2019 09:06:11
12(j)Registration Revoked by SEC
which appears to be today
as I was just rolling down my list of tickers and see we've been changed to zero.
Once SGUI's registration is revoked the shares still exist with a Broker assigned number without a ticker, and the shares can not be traded on a public market....so yes, worthless.
So the company goes under and shares are worthless?
Sanguine Corp. is 6 years delinquent in their filing obligations. The Admin Law Judge will not accept any excuses for such failures and will absolutely revoke Sanguine Corp.'s stock registration(s).
Study this linked post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143650095
From the Suspension Order:
https://www.sec.gov/litigation/suspensions/2018/34-84176-o.pdf
"It appears to the Commission that there is a lack of current and accurate information concerning the securities of Sanguine Corporation (“SGUI”) (CIK No. 926287), a defaulted Nevada corporation located in Smyrna, Georgia with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended September 30, 2012. On December 21, 2015, Corporation Finance sent a delinquency letter to SGUI requesting compliance with its periodic filing requirements, but SGUI did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules"
Is this a final decision?
Can it come back from this decision ?
I’ve owned this stock for years, hoping Frank Marra would get this company going!
As warned, SGUI SEC Suspension for severely delinquent Financials/Filings:
https://www.sec.gov/litigation/suspensions/2018/34-84176.pdf
Order:
https://www.sec.gov/litigation/suspensions/2018/34-84176-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2018/34-84178.pdf
I would love to see a rally here!
volume
that's a plus
rally caps on
today.
hear ya
seems he would have a plan somewhere, plenty of action around Atlanta. 7 mil o/s anything relevant would send this flying, reverse in one of those little medical mj startups or whatnot, anything really
I have faith in FM to come up with something to benefit shareholders.
nah
tried to get a hold of the mba guy that took it over a number of years ago, nothing. If nothing else as long as the ticker sticks around it's a clean shell with a tiny o/s structure, maybe someone will roll something into it.
Do you know if there is anything going on with this stock?
keep the dream alive
not even sure
this trades anymore
tough sell off this morning
rally caps on today
should look into
the medical mj market, lots of things happening there, ground floor opps in a new industry with a ton of interest.
Something like that, instead of just sitting here as a shell collecting dust.
cool
crash city this week. Sizeable 650 share sell off.
best regards
No. I'm here. Been in SGUI for years.
Long hard slow accumulation!
No news!
Forever hopeful!
nice
thought I was the only one left here. yeah sgui like a rocket this week. ha
keeping the dream alive
medical mj companies
are hot again.
c'mon Frank
find some aspiring bio tech that needs a shell to reverse into or something. Bring the financials up to date, it's just a template with quart/annual date changes. Share structure is tiny, perfect for some company that wants to go public, just clean it up on filings, let's bring some value here.
Do something with this.
or maybe not
seems the ticker was reinstated.
appears to be the end of the road
see my ticker watch excludes sgui this morning.
Second alert on SGUI being severely delinquent in filing Financials and is at extreme risk of an SEC Suspension and subsequent stock registration revocation. The last 10Q was in 2012.
https://www.sec.gov/cgi-bin/browse-edgar?company=Sanguine+Corp&owner=exclude&action=getcompany
SGUI is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123772332
1454 SEC Filers have been Suspended by the SEC for Financials delinquencies. The SEC Administrative Law Judge subsequently revoked the Registrations of each delinquent SEC Filer.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123541685
1 year anniversary of pr
CEO guy should try to find some little biomed company to slide into this shell, or something of that nature.
like a rocket ship here yesterday, sgui
down
35 percent on a 5 dollar trade yesterday, funny stuff. No float here at all would be a lot of fun if something positive ever transpired.
best
who
Yes. I agree. It's been far too long with no news and no new developments. I can only assume the plan merger has run into something preventing it's occurrence.
typically
be 90 days I believe on a symbol change & often they would get some questions back & things get dragged out for a couple more months. Either way seems we would have heard something by now, but I was thinking along the same lines as you with the potential of another company being involved.
Such a small share structure, generally clean shell & wouldn't take much of anything to get financials up to date as there is no real activity; would seem to provide a good route for another company to go public via sgui whether a merge or just use of the shell.
best to you,
who
I have no idea what's going on with this company.
A name and symbol change was announced but nothing has happened.
I was assuming we were a shell corporation and going to be a merger. But nothing has happened.
assuming a
no on the symbol change then.
Yes. Hope it comes soon!
probably hear something soon
one way or the other, typically takes 90 days these type of things.
I imagine we are awaiting Finra to clear SGUI for its name and symbol change.
seems we (or at least me)
if no one else is here; have reentered sgui nap mode.
well I sent an email
to the ceo, but he didn't respond. Just one of those guys that doesn't care to disseminate info to shareholders I guess, no big deal here.
See what happens, maybe I'll fire up a new nabs board when we get some info.
thx for the heads up
on that. I would say any word from the co. should be considered a positive as I didn't think they really existed anymore.
As far as shareholders approving, I didn't get a ballot. No word on share structure so hopefully that stays the same. When their ticker went from sgnc to sgui everyone got wiped out on a huge reverse split.
here's to happier days, let's go NABS.
OK , SGUI has announced a name change and gave no additional news as to what the reason for this name change might be !! Can anyone give a guess as to WHY this name change and could there be something POSITIVE to follow this name change ?? We need something positive to help this company and our little stock !
we're rallying.
is pretty entertaining
to see the pps move 25 percent on a 600 share day though. Could get cut in half with a 100 share sell today.
Sure would be interesting to see something actually happen with this company causing 100k plus volume for a string of days; being there is virtually no float.
On the down side, this issue would have just as good a chance of disappearing as they haven't filed in years.
To buy in now would seem just a crap shoot, roll the dice kind of thing. I've been in forever so it doesn't make any difference here.
best
who
I bought in
1997. Dr Drees probably had the answer to the 'synthetic' blood situation, but money, bureacracy, and time to get thru testing phases wiped it out.
A few years ago they took over another penny blood stock and than stopped filing. Some mba type came in to become ceo and all went silent.
best to you
who
OK , SGUI moved up in PPS and for this we are happy . It wasn't much volume , but from small steps a long journey begins . Once again , does anyone on this board have any clue as to what might be causing this positive action on SGUI ? Is there any pending news that anyone is aware of that can keep this positive ? Are we raising money for a project ? Do we have a project ? Are we current with our filings ? SOMEONE PLEASE speak to us ! HELP !!
Does anyone that follows SGUI have ANY idea as to what may be going on with this inactively traded stock ?? Any rumors , any scuttlebutt , any lies that anyone will post to let me know someone watching this stock is out there !! Seriously , does anyone have a clue what management of SGUI might have as plan to make this an actively traded company , with a real future ?? Anything---PLEASE !!
I purchased SGUI at a price level below its stated pps , so I'm not complaining about price . I'm very unhappy with the lack of public news about what is currently going on with SGUI . No news & it doesn't trade ! I'm very unhappy .
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