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Hi Renee,

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creede Member Level  Friday, 05/22/20 04:31:31 PM
Re: Renee post# 172081
Post # of 173615 
Hi Renee,

if a stock is Delinquent in their filings and their registrations are Revoked, what happens next?

Will the stock still trade as "Dark: Alternative Reporting Status"?

Also, what if the stock is already Pink? Will it be suspended or is does only pertain to stocks that are listed on exchanges?

The one I am looking at now is LMGR. I have held it for over a decade. Unfortunately, it has never filed a Form 15.

It was recently relisted on OTCM but now I am concerned it's going to be suspended by the SEC.

Light Management Group, Inc.
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000768152&owner=exclude&count=40&hidefilings=0

Is it still in danger or off the radar?

Quote:
Research EDGAR to know if an OTC stock is registered with the SEC.
*** Input the company name only and do not include Inc., Corp., Ltd, or any other suffix. If an SEC Registrant stock is delinquent in filing Financials for one year or more DO NOT BUY THAT STOCK under any circumstances. If/once the SEC suspends an SEC registered stock for Financials delinquencies it is TOO LATE to remedy the Financials delinquencies and all stock registrations WILL BE REVOKED, no exceptions!!!

https://www.sec.gov/edgar/searchedgar/companysearch.html



GodBless-NoDoubt
creede
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