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Thursday, April 08, 2021 5:39:24 PM
There are two types of SEC Suspensions, one for SEC Registered Issuers/Filers that are delinquent in filing Financials.
The second type of SEC Suspension involves questions about adequacy and/or accuracy of company information, including news releases, share issuances, stock promotions, unverified social media claims (eg., Twitter, Facebook, etc) about a stock, and whatever else the SEC may allege. This group comprises stocks that are not registered with the SEC (Like MRIB) and occasionally SEC Registered stocks. Both categories of stocks will remain on the Grey Market (Expert Market) until either the SEC Admin Law Judge revokes the registrations of SEC Registered stocks or until FINRA deletes the ticker symbols of OTC stocks that are not registered with the SEC. The SEC may also file charges of FRAUD.
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Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM