Monarch America Inc. (fka BTFL)

[lucky, mydog]

here is what will happen. the company has three options to deal with the revocation of registration proceedings that have already begun.

1) they can ignore the notice to respond in which case the stock will be revoked. it will trade on the greys until it is.

2) they can appeal the revocation notice and they will be denied and revoked. it will just take longer. it will trade on the greys until it is revoked.

3) the can accept the sec's recommendation to voluntarily accept revocation. in that case, while it still would be revoked, it leaves the door open to at some point in the future, after they have their financial house in order, to file a form 10 registration and become a public company again. in that case revocation would come rather quickly. maybe even as soon as the suspension is over but that would be rare.