The SEC Agent in charge has sent a copy of the letter delivered to the ELTZ attorney, and it lists the WRONG ADDRESS that is on file with the SEC AND it lists a signature for delivery that is not the CEO's. The letter was never delivered, and would therefore be a material misstatement in the order of suspension.
ELTZ also filed an 8k in Dec and had already started the audit.
The attorney for ELTZ thinks that these things combined will result in a lifting of the suspension immediately.
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