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Re: Uboat post# 26186

Wednesday, 10/02/2019 5:31:06 AM

Wednesday, October 02, 2019 5:31:06 AM

Post# of 28511
To be honest, I think Kiles it telling you BS. I saw it was suspended 09-12, and a day later he filed a form 15 to deregister. That's a little late. He could have done that before to avoid suspension.

As long as the stock isn't revoked, your shares can still trade on the grey market. Some stocks are revoked few weeks after suspension, some can trade on the grey market forever. I don't know exactly why some are revoked and others are not.

Kiles is suggesting to you that after he found more investors the stock will start trading as usual again. I know that only a very few stocks will make it to the normal market again, and if they do, it takes several years. So if I were you, I would try to sell the shares. I'm hit with several suspensions too lately. Trying to sell them, it only succeeded with one (at .0001, lol).

Anyway, good luck with it!

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