If...they key word there..IF..Gelmon can get financial statements all current in 10 days they would need to have an MM to file a 15c-211 form to begin making bids again. Other MM's can piggy back off of that filing.
I believe FINRA needs to be involved in that as well and I don't know if that will satisfy them.
Most likely this will remain on the gray market until Gelmon can correct the situation.
Will be interesting to see if he can as I don't think any company has truly come out of this predicament.
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