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Re: ONEWDMONEY post# 1729

Thursday, 04/13/2017 1:55:43 PM

Thursday, April 13, 2017 1:55:43 PM

Post# of 1872
The "questions" statement in the suspension notice is their boiler plate way of saying they don't believe anything the company has said on the matter. The chances of SCNP getting a 211 sponsored by a MM are next to zero. They aren't even an SEC reporter so they would need to file a Form 10 first...which won't happen.

In the last 7-10 years, and well over 2500 SEC suspensions of OTC stocks, there are maybe 4-5 that have gotten a 211 approved. And ALL of those were SEC registrants BEFORE the suspension.

SCNP is done.

I am often reminded of this scene about the chances of a penny stock coming back.

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