Yes, in all 2,308 SEC Registered stocks that received an SEC Admin. Proceeding for severely delinquent Financials the exact verbiage is included. A few companies did reply to the Admin. Proceeding citing a host of excuses/reasons why the company could not comply with filing Financials, but in each instance the SEC Admin. Law Judges rejected those reasons.
So, although that verbiage makes it appear that the company has an opportunity to satisfy the Admin. Proceeding not one company has provided any acceptable reason for the Financials delinquencies. As linked below readers can see that all 2,308 stock registrations were revoked.
Scroll through the SEC Suspensions board and look up any Revocation Order to see the SEC's A.L.J. responses and take note why the A.L.J. revoked each company's stock registration. I begin each post with Revoked registration, then the ticker with a link to the original SEC Admin. Proceeding. A little bit of elbow grease research will explain the terminal predicament facing WCVC, the stock.
Note that every SEC Registered company knows, or is expected to know that filing Financials is not optional or elective, it is mandatory.
Also note that West Coast Ventures Group Corp. filed numerous NT-10Q's and NT-10K's when the due Financials would be late, always citing a reason, yet after the company's last filed Financials the company no longer filed any NT's for each of the overdue Financials.....a very simple task to alert the SEC why the Financials could not be filed on time. THAT was the time to explain the Financials delinquencies, NOT after the SEC files an Admin. Proceeding against the company.