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Re: bill1228 post# 14033

Tuesday, 05/25/2010 11:01:55 AM

Tuesday, May 25, 2010 11:01:55 AM

Post# of 22746
Bill I do not think you understand the process here at all.

Prior to suspending a company the SEC gives them the opportunity to provide the proof in order to remain trading. The SEC is fully aware of the damages a trading suspension will have on the company.

So, they enter into dialogue with the company, telling them what they are concerned about and allowing the company to provide the proof to support their claims.

If the company does not satisfy the request or ignores it completely the stock is suspended.

What will happen next is that in order for ACLH to stay off the greys they will have to find a market maker who will sign off on their information as being accurate and current. But, since the SEC has not seen satisfactory information to suggest the information is current and accurate the likelihood that a market maker would put their head on the chopping block is very low.

If anybody thinks this is a good thing or that ACLH will emerge from this undamaged is fooling themselves. Unless ACLH is going to start releasing the details of these PR's complete with documented proof that supports what they have said then this stock is going to die a slow death on the greys.



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