Same thing happened here in Fineline Holdings (FNLH.pk)
in July, they filed a form 15-12g to de-register stock, they were deliquent on quarterly reports since 2004 and the SEC watched the stock for 10 days, finally they suspended the stock and now in process of revoking it. Once you file a form 15, you will be under the radar of the SEC and if they find any irregular trading activity it will suspend it, evidently people here were spreading rumors of reverse merger, a rumor that is probably not true, and many potential investors were in danger here so the SEC stepped in. I learned a lesson and i lost money in FNLH, i reported this stock to the SEC last night because i wanted to protect potential investors from losing here too.
