Santa Fe Gold Corp. (fka SFEG)

[drobx]

Here is info about Form 10-12G:
https://www.investopedia.com/terms/s/sec-form-10-12g.asp

An excerpt:
"SEC Form 10-12G is less common than SEC Form S-1, the initial registration form for new securities, which is usually used in connection with an initial public offering (IPO). SEC Form 10-12G Registration Statement only registers shares; it does not create free-trading shares. Unlike a Form S-1 filing, a Form 10-12G Registration Statement is automatically effective after 60 days."

Could it really be as simple as that?