Fair question, one that I have wondered as well for nearly 100 SEC Suspended stocks waiting on an Admin. Law Judge (A.L.J.) ruling.
Whenever there is an appeal by a company to the Order Instituting Proceedings (OIP) to revoke that company's stock registration(s) it takes a long time for the A.L.J. to render a decision. I surmise the A.L.J. waits to see if the delinquent company is serious about submitting timely Financials. IntreOrg caught up on their delinquent Financials but then became delinquent again, not having filed any Financials since Nov. 2018.
I am certain the A.L.J. will revoke IORG's stock registrations. We just don't know when that will happen.
The company can elect to thereafter file a FORM 10 if they want to reregister with the SEC.
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