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Re: None

Friday, 11/24/2017 2:44:17 AM

Friday, November 24, 2017 2:44:17 AM

Post# of 49370


HJOE was suspended on October 24, 2016 and went to the Gray Market immediately. HJOE commenced trading again on the Gray Market on November 7, 2016 but no buys or sells of stock occurred before the stock was Revoked on November 10, 2016



Obviously HJOE was in contact with the SEC and agreed to the revocation which is why it happened so fast.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=126380132




What the company does only matters if it hopes to resume trading one day. Several recent cases suggest the SEC is now recommending that issuers who want to make things right should accept revocation, and then get two years of audited filings in order and file a new Form 10. That has the advantage of relieving the company from the obligation to catch up with dozens of old financial reports, which might prove an impossible task, but it has the disadvantage of leaving shareholders in the lurch for as long as it takes to get the filings in, find a sponsoring market maker, and get a Form 211 approved by FINRA.

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