Sarissa Resources Inc (SRSR)

[HAK41]

Try sec.gov/answer/pink.htm or perhaps sec.gov/answer/noinfo.htm for any real information prior to shoving just another opinion on the public. Most 'Pinks' tend to fall under the 'exempt' category because of their particular size or circumstance.
It actually goes back to 15C2-111 under the 1934 Security Exchange Act.
Quote, midway through the section of reporting requirements, " After that, the company is required to continue reporting unless the number of its record shareholders fall below the following " thresholds ," in which case the company's filings may be suspended:

300 shareholders of the class of securities offered; or
500 shareholders of the class of securities offered and less than $ 10 million in total assets for each of its last three fiscal years.
I think you might even agree that Sarissa's assets for the last three years have been less than $10 million.