Money 101

[ricochet8]

A common denominator I find on so many of the penny stocks is the chatter they are completing the necessary paperwork for submission to the SEC to be able to come off the pink sheets and have the stop sign removed. In the event the information provided the SEC for review is complete, can anyone tell me how long it takes for the SEC to review it and give its stamp of approval.

If all is approved by the SEC, is that information immediately entered into the public record or does the company have the option to delay its release to the public.