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The Penny Preacher

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The Penny Preacher

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Friday, 05/20/2022 11:31:42 AM

Friday, May 20, 2022 11:31:42 AM

Post# of 26210
The 12(j) filing today is simply the SEC announcing that they have delisted VLDI stock three days earlier than it would have been delisted if they had not filed the 12(j). The original filing by VLDI of the Form-15 would have resulted in an automatic delisting of the stock next Monday. The SEC simply expedited that delisting by three days. Apparently, some of the SEC regulators stopped watching NetFlix and porn sites long enough to do their job and they rushed the 12(j) decision so they could proactively delist VLDI today instead of allowing the default delisting on Monday, so they could look like they are actually earning their paychecks.

TPP

Answer a fool according to his folly, or he will be wise in his own eyes. (Proverbs 26:5)

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