InvestorsHub Logo
Followers 20
Posts 1533
Boards Moderated 0
Alias Born 05/09/2006

Re: scarlet knight post# 157180

Monday, 03/06/2017 12:20:35 PM

Monday, March 06, 2017 12:20:35 PM

Post# of 157299
Any and all shares of WSGI are, in effect, delisted and worthless. The SEC can only suspend trading for 10 days, but following any suspension, a Company has to become current in their financials and have a market maker file a fresh 211 which then has to be approved by FINRA for the shares to again become listed for trading.

WSGI quit filing their required financials back in 2014. WSGI received their delinquency letter on May 23, 2016 and "failed to cure their delinquencies." Trading was suspended by the SEC on March 3, 2017 and the suspension order remains in effect until March 16, 2017. WSGI exists only as a voided Delaware Corporation listing with no Company operations.

Of the hundreds of OTC tickers that have been booted under the SEC's Shell Expel initiative, I am not aware of any that have cured their deficiencies to again relist and become traded.

It will never, "come back to life with a respectable share price."

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.