Subj: SEC Response - File HO1209680 Date: 3/9/2007 12:32:36 PM Eastern Standard Time From: help@sec.gov (SEC Help) Reply-to: help@sec.gov (SEC Help) To: xxxxxx Steve)
Dear Mr.xxxxxx:
Thank you for the follow-up email.
You ask what will happen to the stock the SEC has suspended after the suspension period has ended. For stocks that trade on the Pink Sheets, trading does not automatically resume after the suspension ends. Before trading can resume for Pink Sheet stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.
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