You have been named Chairman of the 15-12g Committee.
Please add this to your committee meeting agenda:
Posted by: SSP In reply to: The Cap'm who wrote msg# 173044 Date:4/16/2008 10:35:17 AM Post #of 173268
There's one way that can be an ok thing, first though the stock MUST have gotten booted and is pink from being delinquent, or else it doesn't apply, then if a stock after a few years still lies in the pink abyss and the sec doesn't revoke its registration, some Joseph Meuse or M Anthony will come along and file a 15-12g and save it from potential sec revoke, meaning someone is interested in making a merger deal with it down the road.
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Posted by: The Cap'm In reply to: SSP who wrote msg# 173039 Date:4/16/2008 10:18:12 AM Post #of 173268
Can someone provide a recent example of when this was a triggering event for something special with a particular stock?
I assumed consenting to de-registration was not a good thing.
But I see a lot of people on iHub are excited about that, and I'm puzzled. They are even posting about companies that HAVEN'T filed a 15-12g, which I find to be extremely strange! How can one be excited about that??
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