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Re: ken5153 post# 2402

Wednesday, 11/02/2016 11:26:31 PM

Wednesday, November 02, 2016 11:26:31 PM

Post# of 2434
If they can convince an administrative law judge to not revoke then possibly. But as Janice points out, they are delinquent. What are they going to argue? BTW - there is no "delisting"...as they are not "listed", that only means exchange "listings". In this case we are talking about the stocks "registration", that is what will be revoked.

So once their registration is revoked, they can try to go through the registration process again by filing a Form 10, getting it declared effective and then finding a market maker to file a Form 211 on their behalf.

The statistics for all that happening to a suspended OTC stock are pretty dismal.

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