Is a company required to maintain their registration in their home state in order to continue trading?
The company in question (FBCD) was revoked by Nevada for failure to file an annual list due in February of 2013. They filed a Form 15 in April of 2014 and are current in their filings, such as they are, with OTCmarkets.
Can the SEC suspend trading?
FWIW, their agent in Nevada filed their resignation with the state last August.
They can get reinstated if they fork over $9K in fees...and I guess they would need a new agent.
I'm guessing that the PRACTICAL answer to the question is probably "They would probably just file for reinstatement with NV as soon as they heard from the SEC". I'm not looking for the practical answer.
Can the SEC suspend trading for a failure to maintain a state registration?
Pressed rat and warthog have closed down their shop.
The bad captain madman had told them to stop
Selling atonal apples, amplified heat,
And pressed rat's collection of dog legs and feet.
