Going after bad but more or less dormant companies by revoking registration is a quick, cheap, and easy solution for the SEC. It's not the first time they've done it to a company with Greyling involvement. The same happened with DUCP. And that was a scam worthy of a criminal prosecution.
I'll bet they'll eventually get around to taking down Trilliant Exploration (TTXP) as well. They've been delinquent since 2013. The SEC suspended it in 2014; don't know why they haven't yet revoked registration.
Both of those were pumped extravagantly, but fairly briefly. Maybe Leslie's losing his touch; neither enjoyed much of a run.
My guess is that Charms is working mostly with Pinks these days, which makes their activities harder to trace.