Shonghoya Intl. Group Inc. (SNHO)

[MANOFTHEPEOPLE]

DEEL Trading Suspended!

Why did the SEC suspend trading in DEEL?

The federal securities laws generally allow the SEC to suspend trading in any stock for up to ten business days if the SEC believes the suspension is necessary to protect investors and the public interest. Some examples of when the SEC may suspend trading include:

There is a lack of current information about the company (for example, when a company is delinquent in its filings of required reports);

Questions arise about the accuracy of publicly available information, including in company press releases and reports, about the company’s current operational status, financial condition, or business transactions;

Questions arise about trading in the stock, including trading by insiders, potential market manipulation, and the ability to clear and settle transactions in the stock. What happens after a suspension depends on the market where the stock trades – different rules apply in different types of markets.

Over-The-Counter (OTC) Stocks

A quoted market for stocks that trade in the OTC market, which includes stocks quoted on DBOT ATS, Global OTC ATS, and OTC Link ATS, among other venues, does not automatically resume at the end of a trading suspension period. Before an OTC stock can resume being quoted after a suspension, a broker-dealer must fulfill the requirements of certain SEC and Financial Industry Regulatory Authority (FINRA) rules. For additional information on these rules, please read our Investor Bulletin: Trading Suspensions.

Exchange Traded Stocks
Stocks that trade on a national securities exchange will resume trading automatically when a suspension ends.

WARNING
Use caution before buying or selling any stock after a trading suspension ends. The SEC may continue to investigate a company to determine if it has violated securities laws and rules, but will not make any comments on the status of any investigation. The SEC will publicly announce any enforcement action against the company.
How can investors learn more about trading suspensions?

For additional information relating to trading suspensions and potential risks of investing in low-priced stocks, see:

Investor Bulletin: Trading Suspensions.
Microcap Stock Investor Bulletins: Microcap Stock Basics (General Information); Microcap Stock Basics (Research); and Microcap Stock Basics (Risk).
The Investor.gov Spotlight Page on Microcap Fraud.
Current and historical SEC trading suspension information.
You can also call us at 1-800-732-0330, ask a question using this online form, or email us at [e-mail](link sends e-mail).

Visit Investor.gov, the SEC’s website for individual investors.

https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_tradingsuspensions