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Re: elmasry post# 29742

Friday, 05/31/2019 3:07:15 PM

Friday, May 31, 2019 3:07:15 PM

Post# of 30990
RCPIQ is also 3 years delinquent with the SEC.

The SEC can revoke the stock at any time, as it is already overdue. That will happen without any warning, and holders will get no chance to sell. They will be stuck with a worthless stock immediately.

And the recent trading in this worthless stock makes revocation that much more likely, as the SEC hates seeing delinquent and/or bankrupt companies trading at excessive valuations and creating new bagholders.

Rock Creek is doomed either way. Anyone holding shares in this stock is going to lose 100% of their investment.

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