They would have know a long time ago about the penalties of not submitting their mandatory Filings on time. Bob & Don are both very clever and clued up people, especially as they are a listed company. Even before becoming a Public Company, they would have been aware and read all the rules and reg's, so they would have know at some point that the suspension was going to happen. It is possible, the SEC would have been in touch with reminders, also, their accountants would have known about it and mentioned it.
The 'unexpected' suspension would have come as no surprise to them, although they may have not known exactly which day it would take place, but they have had ample warning....in fact, probably several warnings. I wouldn't believe them if they 'didn't know about it'!!!
In their case, ignorance is no excuse, so of course they knew!!
