InvestorsHub Logo
Followers 31
Posts 1532
Boards Moderated 0
Alias Born 03/26/2010

Re: integral post# 2315

Thursday, 10/23/2014 10:37:09 PM

Thursday, October 23, 2014 10:37:09 PM

Post# of 2328
Here is an interesting article to read, on company's voluntarily de-listing(going dark) to avoid the costs of being public.

http://www.dorsey.com/going_dark_voluntary_delisting_deregistration/

According to the sec filing, Asura Development offered to have the registration revoked in which the commission accepted.

http://www.dorsey.com/going_dark_voluntary_delisting_deregistration/

I don't think this company is worthless, I believe it was done intentionally for now to become a private company again, time will tell what becomes of Asura Development. I'm a firm believer in the Zest Japanese Home builder they acquired a few years ago.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.