Saturday, December 23, 2017 2:46:28 PM
TRII as a registered stock could be delisted by the SEC at any time for delinquency. The SEC has a time frame of 1.5-3 yrs. TRII is 2+ years of delinquency.
KMAG is a pinky. Therefore, there is no filing requirement, and by definition the stock can not be delisted by the SEC for delinquency. If absolutely zero volume of trading occurs over N yrs (I'm uncertain of the absolute time frame), FINRA will get around to clearing out the ticker for recycling.
Thus, the clock for delisting TRII continues, and could occur at any time. KMAG could continue to exist for many years to come as an abandoned zombie pinky. One might have trades where a broker buys the shares for a nominal price, so as to help their client declare a loss.
The Jewel of the Mind is Colored with the Hue of what it Imagines
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM