Home > Boards > US OTC > Delisted > Attis Industries Inc. (fka ATIS) (ATIS)

GERS will for sure have to fall in

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TMH0312   Friday, 04/09/21 07:35:23 PM
Re: oldrogue post# 1375
Post # of 1426 
GERS will for sure have to fall in line assuming KK wants to remain listed. It sounds like he does so you've essentially got your time frame for filings there. It sucks that a rule change is probably the only reason GERS will file, but it is what it is. And I guess his true intentions will be on full display if he fails to follow through. We'll see. I've bought some more shares just incase it does happen.

Attis has already been delisted and revoked so their path back to public status is murky. I haven't seen any signs of permanent revocation so I've still got hopes we'll see them on the pink current someday. I'm also hoping we'll be able to draw some conclusion if JVCo details are laid out in the GERS filings. Again, we'll see.

Overall, it's still a waiting game. I'll be here for as long as I have to be. Luckily I've got other things I can look at while time passes.

Feel free to read everything at the link below. Or you can do a quick search for the word revocation at that link and you'll get a better picture of what you're dealing with.


https://www.sec.gov/about/rulesprac072003.htm


Here's some correspondence I had with a nice gentleman over at otclaywers.com regarding the path back to a public entity at the beginning of this debacle. One of the reasons I foolishly bought more right before **** hit the fan. The first time is always the hardest. Hopefully it pays off.

"In general, if a public company has its registration revoked by the SEC under Section 12(j) of the Exchange Act, the stock ceases to trade through normal avenues.  However, shareholders would still own stock in that company and could verify this by contacting the transfer agent.  

http://otclawyers.com/can-the-sec-revoke-a-stocks-registration/  ;

 In order for that revoked company's stock to trade again, the company would need to be sponsored by a market maker to file a new Form 211 under 15c211."


Hope everyone's doing alright and good luck out there. I appreciate everyone who has stuck around and kept tabs on the situation.

Always open for conversation on the subject.



Prior to a new Form 211 being filed, the company would be known as a gray sheet.   

Here is some info that may be helpful as a starting point for further research.

https://www.sec.gov/fast-answers/answersdfnctcohtm.html  ;



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