The SEC has nothing to do with RS, they approve nothing, they just require filing for some, not all, companies. FINRA and the companies Sec of State and Board Approve, but, as long as the paper work is properly filled out, it happens, no validity assumed, simply paperwork, Board Approval, and shareholder vote when required. this is a proven long time pump and dump, nothing more, nothing less...buying this now would be ridiculously stupid, they have nothing...plus, they are still non-compliant, since May, are still facing delisting, and, cannot do anything but another RS or go to the OTC, where they truly belong...this will likely test .50 soon enough, sad but true