West Coast Ventures Group Corp fka WCVC

[PennyHoper]

What Happens if You’re Not SEC Compliant? ... (see) Revocation
https://brinenlaw.com/securities/what-happens-if-youre-not-sec-compliant/

Section 12(j) Revocation

Revocation proceedings under Section 12(j) of the Securities Exchange Act of 1934 can be commenced when an SEC reporting company fails to comply with its reporting obligations or is delinquent in satisfying any of the SEC’s requirements. Unlike a Section 12(k) suspension which is temporary, a 12(j) revocation prohibits broker-dealers from effecting transactions with the issuer’s securities.

A Section 12(j) revocation is a death sentence for a reporting company and can end all public trading in its stock. Companies have few options available when facing a Section 12(j) proceeding. With the assistance of an experienced securities litigation attorney, they may be able to argue relevant exculpatory facts to the SEC or at an administrative proceeding and submit all missing Form 10-Ks and 10-Qs. A company may also be able to resume trading by preparing a Form 10 registration statement to re-register the stock. This option is time-consuming, costly, and uncertain; companies should ensure they remain current in their obligations to avoid suspension or revocation in the first place.

Why was it worth it to Nixon to get revoked? Is he going to have Hamilton "argue relevant exculpatory facts to the SEC" (plus get caught up on "all missing Form 10-Ks and 10-Qs"?