InvestorsHub Logo
Followers 1513
Posts 35144
Boards Moderated 7
Alias Born 07/12/2004

Re: $hellKing post# 297

Monday, 06/29/2015 12:02:48 PM

Monday, June 29, 2015 12:02:48 PM

Post# of 299
All SEC Suspensions are for exactly ten market days. There are two types of Suspensions, one for SEC Registrant Filers that are severely delinquent in filing Financials, and the second one for either SEC Registrants or NON-Registrants (eg., many OTC stocks) for questions about adequacy and accuracy of information, essentially fraud(s).

The former is a slam dunk for the SEC where the proof is evident in the Financials delinquencies, and the second will usually result in SEC Litigation that may not happen for years.

Brokers are loathe to process trades on SEC Registrant delinquent filers because the SEC Admin Law Judge will revoke the stock registration quickly.

ACCE will be revoked sometime after the SEC Suspension ends.

To bite the worm of incite is to bite the HOOK of the antagonist . They win .

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.