I’m not sure what they can do at this point to remedy the situation with the sec, if anything. So, it’ll be interesting to see what they’ll do to to fix it, or if they completely abandon the ticker.
Even though I find the following scenario highly unlikely, about the only thing I can think of is if they miraculously have been working on their filings in the background. And even then, they’d still be in trouble for not having the filings to begin with, all the while diluting the stock to nothing.
Or, could possibly make a deal with the sec were part of the deal is that the company has a plan to get current and clean up the mess, with the goal of becoming active again? Don’t know enough about these situations. And I don’t know where the money to do this would come from anyhow.
