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Re: pitboss22 post# 3487

Tuesday, 11/18/2014 12:36:06 PM

Tuesday, November 18, 2014 12:36:06 PM

Post# of 3562
Perhaps not dark but I agree it is hard to understand why they did not file an NT---If they were to "go dark" we should see the following soon enough:

Day 1:

The company files written notice of intent to file a Form 25 with the stock exchange pursuant to Rule 12d2-2(c)(2)(ii), issues a press release and files a Form 8-K announcing that it is delisting and “going dark,” and the reasons therefore. This information should also be placed on the company Web site.

Day 10

The company files Form 25 with the stock exchange and announces the same.

Day 11:

The company stock continues trading or shortly thereafter begins trading in the Pink Sheets.

Day 20:

The company files a Form 15 to deregister its shares under the Exchange Act. The Form 15 may not be filed prior to the effective date of the Form 25 (ten days after filing).
The company issues a press release announcing deregistration.

Day 100:

Section 12(b) deregistration becomes effective.

Day 110:

The 90-day period after filing of Form 15 passes making effective the deregistration of the company’s stock under Exchange Act Section 12(g) and the suspension of reporting obligations under Section 15(d), if applicable.


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