Going to the Pink Sheets for failing to file financials is not a violation of SEC regs. It is simply failing to meet a requirement of SEC regs. There is no criminality attached.
HQNT can be a non reporting company as long as it stays on the Pinks.
Forward looking statement could very well cover a deal for an acquisition that fell through post PR.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.