Wednesday, November 26, 2014 11:43:53 AM
If it were as simple as a previous filing being in conflict with a PR, 99% of the microcaps would already be suspended.
There was most likely illegal insider stock dumping as previously explained in a
prior post
That's a given. A suspension lasts 10 days. At which point the stock will resume trading on the grey sheet. It automatically happens. No action required by the company.
A suspension has no effect on a filing company remaining a SEC filer. Technically they are still on the hook for delinquent filings, and to remain current. If they don't, then in about 2 yrs the SEC can delist them for failure to report. It's not unusual for a suspended filer to subsequently file a 15-12 to deregister the stock, and become a non-filer with the SEC.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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