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Sunday, September 08, 2019 10:48:34 PM
Lazar filed a SEC Form 15 making $PFMS a non-SEC reporting company. This helps to somewhat (not 100%) protect the company from Suspension, giving him time to get the filings completed.
Also, just FYI, unless there are foul play concerns, they SEC sends a notice to the company advising them to get into compliance with their financial filings and give them one year to comply with requirements before they suspend them. So when a company gets suspended for non-compliance of filing, they are blowing smoke when they PR or tweet that they are working with the SEC to correct the problem...they had a year to work with the SEC and failed.
Unfortunately, there isn't any way (that I have found) to know when a letter has been sent to the company to know when their one year is up.
Have you read the aurhor of that websites other article where he explains custodianship plays as a good thing and an opportunity to make money playing them??
https://otcmarketresearch.com/understanding-custodianship-plays/
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