Homeland Precious Metals Corp (fka HPMFF)

[Renee]

Yes, there are more dangerous sharks for the SEC to fry, but the SEC really gets their knickers in a knot when an SEC Registrant filer like HPMFF is delinquent in filing any Financials for 4 years.

For non-registered, non-filing OTC stocks the SEC warns that it is extreme buyer beware for investors, and to suspend a stock on questionable activities means the SEC then has to eventually take the offenders to Court, expending their stretched resources to do so.

It is much easier and it's a slam dunk to suspend delinquent filers where the SEC can just revoke their stock registrations at minimal effort and cost.

Excerpt from the SEC Admin Proceeding: ***black hilite mine

Homeland Precious Metals Corp. (CIK No. 1289634) is an Alberta corporation located in Las Vegas, Nevada with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). Homeland Precious Metals is delinquent in its
periodic filings with the Commission, having not filed any periodic reports since it filed a Form 20-F for the period ended March 31, 2010, which reported a net loss of $66,742 for the prior twelve months. As of May 29, 2014, the company’s stock (symbol “HPMFF”) was quoted on OTC Link, had four market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).