Q. Can a stock that has been revoked by the SEC, in this particular case a stock under the symbol FFGO, be approved by FINRA to do corporate actions through FINRA; and in particular, issue dividends on the revoked stock?
A. Was the stock revoked under 12(j)? If the stock was revoked through a 12(j) action, the company can not issue a dividend through FINRA.
Q. How would the stock, and in particular FFGO, get back in good graces with FINRA in order to be able to issue a dividend/
A. They would have to go through the 211 process.
So -- was FFGO revoked under 12(j)?
FedUpToHere
Thank You for that piece of information. I do think puppy and several posters have been right from the start of this discussion. But you and I both know this will not change the minds of the Dream Team concerning the Divi being paid by a revoked POS stock. Notice who and how few are supporting this fantisy divi as of today. They have been ripped off by one of the best scammers in the business of pinks and penny they have made millions. Yes I am speaking of Lumb and Crew. His support here has dwindled to almost nothing. Many have seen the light, but a few will never change opinion regardless of facts that may be presented. Thanks Again!
Newtrader