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TenKay

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TenKay

Re: tedpeele post# 17928

Wednesday, 01/17/2018 1:38:53 PM

Wednesday, January 17, 2018 1:38:53 PM

Post# of 19879
No they can’t do it as easily for a variety of reasons. The primary one is that no market maker will take the risk and liability on by sponsoring an SEC suspended company and submitting a Form 211 to FINRA on their behalf.

That is the brick wall all these suspended tickers run into....and in the case of ABHI...the revocation countdown has begun.

And there will be no financials now. If they haven’t been able to get the delinquency resolved by this point...then there is little to no chance they can now. The fins may not even be auditable in time to address the revocation proceedings that have started.

They played with fire and got burned.
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