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Re: Widowsson32 post# 8361

Monday, 09/09/2019 9:57:17 AM

Monday, September 09, 2019 9:57:17 AM

Post# of 8753
There are two separate actions:

1) 10 day trading suspension:

https://www.sec.gov/litigation/suspensions/2019/34-86881-o.pdf

2) Order Instituting Proceedings (OIP) for revoking the stock’s registration.

https://www.sec.gov/litigation/admin/2019/34-86880.pdf

So, after 10 days the stock will reopen for trading on the grey market (no bid/ask). And somewhere in the next 2-3 months the ticker will be revoked and it will disappear.

No OTC stock that has been suspended for delinquency has avoided revocation.

FACTS indeed.




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