"Have you seen any yet besides LAHO who were revoked prior to resuming trading on the greys?"
Yes, there have been other SEC Registered stocks that have had their registrations revoked prior to, or on the day the SEC Suspension expires, or very soon thereafter.
I'll explain.
Most SEC Registered stocks that are suspended for Financials delinquencies do not respond to the Admin. Proceeding that accompanied the SEC Suspension. Those companies will definitely have their stock registrations revoked but the process takes a longer time, requiring the SEC Admin. Law Judge to conduct a second (or more) Hearing where the decision to revoke those companies' stock registrations will be made. There is no rush by the Admin. Law Judge to revoke those stock registrations because those stocks will likely never trade on the Grey Market so no further harm will occur to potential investors.
With companies that accept the SEC Admin. Law Judge's move to revoke that company's stock registration, like Lans Holdings did, there is no need for a second (or more) Hearing so the SEC Admin. Law Judge can revoke those companies' stock registrations as soon as they desire to do so, usually before the SEC Suspension expires or soon after the SEC Suspension expired.
It's important to note that in either instance those stocks either do not trade on the Grey Market or the trades are insignificant even if trading can begin on the Grey Market. Brokers simply do not allow opening positions (ie., buy orders) because they do not want to be saddled with unsettled trades when the SEC Admin. Law Judge revokes those stock registrations. So, even if LAHO had opened on the Grey Market shareholders could try to sell their shares but Brokers would likely prevent any buy orders, so that's why there is insignificant volumes on the Grey Market when revocation of a stock registration is imminent.
By accepting the SEC Admin. Law Judge move to revoke a company's stock registration it bodes well for any company that wants to reregister with the SEC, like Lans Holdings attests. A company that demonstrates respect for the authority of the SEC (the Suspension and Admin. Proceeding) and the authority of the SEC Admin. Law Judge (the revocation of the stock registration) has a much better chance of reregistering than a company that required the SEC Admin. Law Judge to forcefully revoke their stock registration.
Posts and opinions that Lans Holdings cannot or will not reregister with the SEC have no bearing in fact. Similarly, posts and opinions that Lans Holdings will absolutely reregister with the SEC also have no bearing in fact.
It is entirely up to Lans Holdings. The company states they will reregister with the SEC. It will require audited Financials for at least two full years (or less if a company hasn't been in operation for two full years).
Shareholders should be granted the opportunity WITHOUT OPPOSITION to have hope that Lans Holdings can and will reregister with the SEC.
It is Lans Holdings shareholders' RIGHT TO HAVE HOPE!!!!!!!!!!!!!!
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
