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Re: Renee post# 13901

Sunday, 02/06/2022 2:34:30 PM

Sunday, February 06, 2022 2:34:30 PM

Post# of 25218
The Order dated January 27 says an answer is due within 10 days of it being served. If Jan 27 was the day of service, 10 calendar days is today, Feb 6. If the 10 days are 10 business days, then I think that's Feb 10.

Side note -- Jan 27 is the day listed as the posting date for the order on:
https://www.sec.gov/litigation/admin.htm

Although the SEC Order takes note that, "As of January 10, 2022, unsolicited quotations for the common stock of WCVC were quoted on OTC Link operated by OTC Markets Group, Inc," I'd still like to know what the date was of the "delinquency letter" the SEC sent WCVC which they either didn't get or did get but didn't respond to. But likely it doesn't matter since WCVC has been delinquent for so long.

Possibly answering my own question, however, I did find this:
http://www.legalandcompliance.com/securities-resources/bringing-delinquent-exchange-act-reporting-companies-current/

which says that after receiving a delinquency letter, a company has 15 days to file, or the SEC would start proceedings.

So, all of this could have taken place starting Jan X, 2022. Still ... I can't find anything that says the new 'demoted to the Expert Market' thing is supposed to affect or not affect SEC enforcement actions.






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