Zentric Inc. (fka ZNTR)

[TenKay]

The trading suspension and the grey market result are actually two separate issues. The suspension is levied by the SEC. Going grey is a byproduct of that due to FINRA rules.

The suspension is the only unilateral action the SEC is able to take under the law. Anything else, like the revocation has due process with an administrative law judge deciding. It is not up the the SEC to decide...they only act as the prosecutor.

And Congress limited the SEC’s power to act unilaterally to 10 days no matter how bad the transgression may be. It is only meant to act as a warning to investors.

However almost everyone understands that when the SEC suspends it is pretty much a slam dunk case given how few suspensions they hand out relative to the number of “scams” there are in the OTC...thus the pps usually tanks when it re-opens on the grey market.