Solei Systems Inc. (fka SOLI)

[was16]

It is my understanding that the SEC doesn't tell/notify companies prior to a suspension.
It makes sense not to notify a company because you don't want to run the risk of letting some select people sell their stock.

So the delema is the SEC halts first and asks questions later.

So as you say, it is now a waiting game. SOLI needs to address the SEC questions.
I am not sure we hear anything until that takes place.

I know rstar posted the recent case of ZOOM. Here is a company who's share price rose 300% in a very short period of time because some people mistook it for the company named Zoom (who does video conferencing and was getting a lot of press with the coronavirus). So the SEC halted them just a little while back, it was looked into, resumed trading and today had a name change.

So the SEC does jump the gun and does make mistakes.
I expect the problem with SOLI will be rectified soon.