If you look at the latest pr's they put out and the reason for suspension it's pretty clear.
SEC Suspension of Trading
Aug 25, 2017
OTC Disclosure & News Service
Washington, D.C. -
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 814181 /August 24, 2017
The Securities and Exchange Commission ("Commission") announced the temporary suspension, pursuant to Section 12(k) of the Securities Act of 1934 (the "Exchange Act"), of trading in the securities of American Security Resources Corp. ("ARSC"), a Canadian corporation, at 9:30 a.m. EDT on August 25, 2017, and terminating at 11:59 a.m. on September 8, 2017.
The Commission temporarily suspended trading in the securities of ARSC because of questions that have arisen regarding publicly available information about the company in press releases on OTCMarkets.com, dated August 1, and August 8, 2017, concerning, among other things, the company's business transition to the cryptocurrency markets and early adoption of blockchain technology. This order was entered pursuant to Section 12(k) of the Exchange Act.
The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2 11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to ARSC's securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker-dealer or other person has any information which may relate to this matter, contact Michael Paley, Assistant Regional Director, New York Regional Office, at (212) 336-0145, Sandeep Satwalekar, Assistant Regional Director, New York Regional Office, at 212 336-0161, or Tracy Sivitz, Senior Counsel, New York Regional Office, at (212) 336-0029. The SEC appreciates the assistance of the Financial Industry Regulatory Authority.
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