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Re: None

Friday, 01/15/2021 12:38:16 AM

Friday, January 15, 2021 12:38:16 AM

Post# of 45193
I may be wrong but it seems to me that these forms

https://www.sec.gov/Archives/edgar/data/1819006/000121390021002151/ea133368-1512g_xxstreamenter.htm
and
https://sec.report/Document/0001213900-21-002151/

are simply a suspension of duty that smaller OTC companies can file every year to avoid having to do the reporting to the SEC, a simple formality that has nothing to do with deregistration but rather the objective is to avoid the burden of the reporting for the previous year.

In this link sent by Greek
https://www.dorsey.com/newsresources/publications/2013/01/going-dark--the-simple-path-to-exiting-the-us-pu__
there is this text
Statutory suspension at beginning of fiscal year. A company that has filed a registration statement under the Securities Act also has reporting obligations under Section 15(d) of the Exchange Act in addition to any obligations it may have under Section 12. A calendar year company’s Section 15(d) obligations are automatically suspended by statute as of January 1, 2013, provided that the company had less than 300 holders of record on such date. Companies taking advantage of this automatic statutory suspension under Section 15(d) are required by Rule 15d-6 to file a notice on Form 15 informing the Securities and Exchange Commission (“SEC”) of such suspension within 30 days.10 However, even if the company does not make that filing by within the 30 day period (i.e., by January 31, 2013 for calendar year filers, that Form 15 filing is not a condition of the automatic reporting suspension set forth in
Section 15(d).11 Therefore, we believe that a company can suspend its obligations under Section 15(d) by filing a Form 15 at the same time and on the same Form 15 that it files under Rule 12g-4 described above.12


I interpret the text as something that can be done every year in the beginning of the year

Also look at these
https://www.sec.gov/rules/final/2011/34-65148.pdf
http://dodd-frank.com/2011/01/06/sec-proposes-rules-on-suspension-of-the-duty-to-file-reports-for-classes-of-asset-backed-securities/