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Re: lucky, mydog post# 9507

Thursday, 07/01/2010 11:01:16 PM

Thursday, July 01, 2010 11:01:16 PM

Post# of 10162
Once a company is suspended from trading a form 15-211c must be sent to FINRA and the SEC to resume normal trading. This is why no MM's are on the stock, but can be traded through some brokers since it's suspension has been lifted.

It will take time. I have a stock that has been able to trade for two months but hasn't since the form 15-211c takes time. Sometimes upward to 90 to 120 days to resume trading. Look at it this way if DMXC does not resume trading right away you lose nothing so to speak because the price is frozen. The IP is about to be reviewed and processed and the company is moving onward. I would love for this to stay suspended until the IP results are in. If the find is huge and trading is finally resumed, it will gap throught the roof.

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