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Re: PennystockDon post# 714

Friday, 11/28/2014 10:50:01 AM

Friday, November 28, 2014 10:50:01 AM

Post# of 747
the sec has nothing to do with getting off the greys. it's finra. there is a process , however finra will not approve the process if there is an active sec investigation. basically the company needs to find a market maker willing to vouch for the company to submit a form 211. there is a lot to form 211 and it is very difficult for a company that has been suspended to find one. of the over 2000 stocks that have been suspended over the last few years only one or two have ever come off the greys. read the following post for a better understanding.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107537162

for a better understanding of the 211 process, please see the following.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99438652

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77560111