10 days... ---------------- IT IS FURTHER ORDERED that Respondents shall file an Answer to the allegations contained in this Order within ten (10) days after service of this Order, as provided by Rule 220(b) of the Commission’s Rules of Practice, 17 C.F.R. § 201.220(b). ------------- This is the second penny stock with delinquent filings reported by the SEC I have been involved with. The first one did not go well as the company had no money. Truly hope this turns out to be different as Riggs Company has a lot of money and believe they are smart people.
The good news for us is we should know Rigg's Co. intentions for the company within 10 days. They either respond to the SEC or they don't. If they do respond then we know what their plan is for the EPSC shell. If they don't respond then we know we have nothing here and will be a complete write off...
Someone correct me if I am wrong but pretty sure no matter what in 10 days we are heading for the "Grey" market. It does happen but not many come out of that alive...
I am preparing for the worst and hoping for the best...
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