Regarding suspensions and revocation by SEC for anyone here that understands the process better than myself;
A while ago I read on the SEC site, that they can revoke or suspend a trade at anytime without warning. But do they issue any warnings to companies and if they do, are they made public in the filings or on the SEC site beforehand or in someway shareholders can find out?
Or is is it like, "Hello, it's us, the SEC, your done. Sorry shareholders!"
I'm not referring to the warning letters sent out like the one NEWC got from SEC for lack of information (or whatever) that they never responded too. I'm referring to the actual act of the suspension or revocation.