Fortress Financial Group fka FFGO

[Eli's Gone]

Revocation and suspension are two completely and independent actions...

in order to be "revoked", an issue must have a registration statement to revoke...

and it depends on where the issue trades and whether it is an SEC registrant (thus reporting)...

exchange listed stocks are all registered and reporting and resume trading immediately following a suspension...

OTC registered (and thus reporting) companies resume trading on the grey sheets---they must get a MM to 211 them to get quotes published again---then they must cure their SEC reasons for suspension or subsequently be revoked---The End

non-reporting pinks who are suspended re-emerge after 10 days on the greys and drift around seemingly forever as the have no registration to revoke----dead ducks---they also need a MM to front a 211---fat chance...

as far as the DTCC is concerned, regaining "eligibility" to use the DTC's services is a better term than "reinstate" in my mind...

there is also a small group of securities that are so sh!tty they aren't DTC eligible---if you run across one, beware as there are fees to get these clunkers cleared...