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Re: Blackthirteen post# 97810

Saturday, 05/19/2018 8:47:20 PM

Saturday, May 19, 2018 8:47:20 PM

Post# of 108590
Then SPCL will be getting a fresh start starting JUNE 1.

not really. june one is merely the date that grey market trading begins. (assuming that dtcc issues a resumption of trading notice on a timely basis, but that is another story) regular trading on otcm is, at best, a few months away. once revoked, and that could take weeks depending on the alj, the company can then file a form 10 and become a public company again. let's assume that they have two years of audited financials in their back pocket and file right away. a form 10 becomes effective after 60 days. the company then has to find a market maker to file a form 211 and submit it to finra for approval. all this takes time and it's not unreasonable to think that this will not be tradable for 5 months minimum.
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