US Farms Inc. (fka USFM)

[trendtraderz]

Sadly, that window has closed. From the time of the initial suspension to the time of revocation was the window for opportunity. USFM needed to address the situation of the filings right then and there. They obviously didn't as revocation came upon USFM. I am in another stock which was also suspended but that ceo has responded to the SEC and they have not been revoked, yet. I was told that they asked for 120 days to remedy to filing situation and were obviously granted it. The other 4 companies did not respond to the suspension and all were revoked. What this shows me in the case of USFM is that they didnt even attempt to get an extension of time from the SEC to attempt to get current on filings. The part that pisses me off is that from when Farooquee took over in march until suspension which was at least 6 months, he could have deregistered the stock (15-12g). And yet he didnt.