DD Support Board and Research Team

[janice shell]

Thank you, and with that being said IF and I say IF the SEC reinstated the revoked stock--wouldn't the buyer be standing in the tall grass?

The SEC doesn't just "reinstate" revoked companies out of the goodness of its heart. The company would have to file a Form 10 and then get FINRA to approve a Form 211.

In the situation you describe, probably much would depend on the circumstances of revocation of registration. If a company has an administrative proceeding brought against it because of delinquency, but protests that it doesn't want to lose its public status forever, the SEC's current policy seems to be to suggest it accept revocation voluntarily, and then, when it's ready, take the steps noted above.

Some companies say they plan to do that, but it just about never happens.