Home > Boards > Free Zone > Penny Trading - Technical > Triple 000 and Sub-penny Chart Plays

<u>Form 15</u> Going Dark to Avoid an SEC Suspension

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
trader53 Member Profile
Member Level 
Followed By 5,926
Posts 211,281
Boards Moderated 7
Alias Born 06/04/09
160x600 placeholder
Top Company News of the Day
The company's standard plan for U.S. users now costs $15.49 a month, up from $13.99.
2-Year Treasury Yield Rises to 0.965% This Week -- Data Talk
10-Year Treasury Yield Rises to 1.771% This Week -- Data Talk
30-Year Treasury Yield Falls to 2.114% This Week -- Data Talk
Corn Turns Higher on Drier Argentina Forecast -- Daily Grain Highlights
Applied Materials on Track for Record High Close -- Data Talk
Meta's Oculus Unit Under FTC-Led Antitrust Probe, Bloomberg Reports
Front Month Nymex RBOB Gasoline Rose 5.22% This Week to Settle at $2.4190 -- Data Talk
Front Month Nymex Natural Gas Rose 8.84% This Week to Settle at $4.2620 -- Data Talk
Housing Starts and Existing Home Sales Seen Down -- Data Week Ahead
AbbVie Gets FDA Approval for Rinvoq for Ages 12 and Older
Stryker Restructures Operations Into Two Business Segments
President Biden to Hold Formal News Conference Wednesday
Monster Beverage on Pace for Largest Percent Decrease Since April 2020 -- Data Talk
DAX Ends the Week 0.40% Lower at 15883.24 -- Data Talk
CAC 40 Index Ends the Week 1.06% Lower at 7143.00 -- Data Talk
STOXX Europe 50 Index Ends the Week 0.47% Lower at 3798.52 -- Data Talk
EURO STOXX 50 Index Ends the Week 0.78% Lower at 4272.19 -- Data Talk
STOXX Europe 600 Index Ends the Week 1.05% Lower at 481.16 -- Data Talk
FTSE 100 Index Ends the Week 0.77% Higher at 7542.95 -- Data Talk
Santander Compensation Due to Andrea Orcel Is Reduced
FTSE 100 Closes 0.3% Lower as Royal Mail, B&M Plummet
JPMorgan Chase On Track for Largest Percent Decrease Since June 2020 -- Data Talk
U.S. Consumer Sentiment Waned in Early January on Omicron, Inflation Fears
Planet Labs Shares Climb After Satellite Launch
U.S. Industrial Production Fell Slightly in December
Brainard, Waller and Evans Weigh In on Fed's Inflation Fight; White House Reveals Nominations for Fed Board -- WSJ
Corby Spirit & Wine Financial Chief Edward Mayle to Leave
J.B. Hunt to Partner With Waymo on Autonomous Driving
trader53 Member Level  Sunday, 10/13/19 03:13:43 AM
Re: None
Post # of 234769 
Form 15 Going Dark to Avoid an SEC Suspension

Educational Post: SEC Suspends Delinquent Filers


SEC Form 15-12G

is a form that allows for
certification of termination of registration
of a class of security under Section 12(g)
or notice of suspension of duty to file reports
pursuant to Sections 13 and 15(d)
of the Securities Exchange Act of 1934.



Since the SEC began its recent run
of suspension notices against delinquent filers

there has been an uptick
in the number of Form 15 filings
done by delinquent filers.

A Form 15
is a filing done by an SEC Registrant
to voluntarily deregister its stock with the SEC.

By deregistering,
the Issuer moves to the Pink Sheets

and is no longer required to do periodic reports
( 10-Q's and 10-K's ) with the SEC.

It is obvious that some delinquent filers
took notice of the suspension risk

and decided it was better
to lower the respectability
and value of the public vehicle by going dark
rather than risk a future SEC suspension.

* Delinquent Filers
run the risk of being suspended
at any time without warning.

* No longer a suspension risk as a delinquent filer

* Can still be suspended by the SEC
if the SEC deems the security
to be a risk to the public
because of some kind of fraudulent activity.



OTC Market Research




Guidelines - for Trading Penny Stocks

48. There will always be a fresh round of newbies
willing to part with their hard-earned money.

The question is,
will you help them to understand the game,
or take advantage of them ?



Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences