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fahrenheitjules

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fahrenheitjules

Re: TenKay post# 52976

Saturday, 09/07/2019 12:08:44 AM

Saturday, September 07, 2019 12:08:44 AM

Post# of 71147
The likely didn’t suspend because pps perhaps was not moving and had low volume. Not sure. But the point is the revocation proceedings can be beaten even if it’s unlikely in normal cases. The so-called kiss of death is not automatic. That’s the point. Suspension or not.

“The SEC may invoke a trading suspension. In some cases, the SEC or an exchange may halt trading in the stock of a defunct company if the stock price appears to be manipulated or if it believes that public information about the issuer is false or misleading.”

https://www.sec.gov/fast-answers/answersdfnctcohtm.html
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