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Re: lvald13 post# 81985

Thursday, 05/14/2020 8:37:01 PM

Thursday, May 14, 2020 8:37:01 PM

Post# of 97081
My understanding is that the 550 Petition filing and the process of hearings before the SEC could result in the reversal of the original Suspension which would then reverse the consequences of the Suspension, i.e. putting DECN back on or opening the door to a more rapid return to the OTC Pink markets from the Grey Markets.

Also if they win the petition hearings, they restore the credibility of the company in the public domain.

In either case, it forces the SEC to show its hand and the company to defend itself, not something you would normally do if you know you are guilty.