If all the SEC wanted was information, they would have requested it before suspending the stock.
IMO, they likely requested information and it was either not provided or what was provided was unsatisfactory. They may have other issues as well as a lack of information, such as promotion of a stock when adequate public information is not made available.
Unfortunately, I strongly disagree with this sentiment:
As I said, nobody has lost money on this stock and if they hold, nobody will. Also, once M&A information is released, and we are off the gray's the SP of this stock will continue to rise, IMO.
Why would a MM take the risk of sponsoring a PK shell under SEC investigation? Keep in mind that even if one did so, FINRA (which often cooperates with the SEC in investigations) would have to approve it. I don't see that happening.
Because an SEC fraud task force was involved in the suspension, there is obviously suspsicion of fraud. ANWM is forever tainted IMO.