Guesses guesses guesses, nothing educated about that.
If you need to file at the sec, and if the sec can make sure there is a stop, delinquent sec reporting sign at your companies name, it will not be hard to use that info for further action
And saying they might not have the authority to go after a company without complaint goes against the quote you shared:
“Quote:
The Securities Exchange Act of 1934 (Exchange Act) gives the SEC the authority to suspend trading in and/or revoke the registration of companies that fail to submit disclosure documents (periodic reports), submit deficient periodic reports, or fail to submit periodic reports in a timely manner.”
And about bitzio maybe had an earlier complaint. How long would it take if it’s such a clear cut case?
And it couldn’t been much earlier, since it hasn’t been that they have stopped filing.
Anything else?