China Chemical Corp (fka CHCC)

[TheProfit]

Was this company really "allowed" to go dark in the first place?? IDN if I'm buying this crap, it seems to em there trying to go private again and flush out those so called "illegal"PAMCO shares from the market so they can tender an offer to all left over shareholders and go private this way...?
JMT
Procedures for “Going Dark”
To understand the “going dark” procedure, it is first necessary to understand what triggers Exchange Act reporting requirements. A company’s Exchange Act obligations can be triggered in any of three ways:

under Section 12(b) if it has shares listed on a national securities exchange;
under Section 12(g) based on having over 500 record holders of a class of securities and total assets exceeding $10 million3; and
under Section 15(d) by having a registration statement declared effective under the Securities Act.
Each of these three independent predicates for Exchange Act registration must be separately addressed as a company considers whether and how to “go dark.”4
http://www.dorsey.com/going_dark_voluntary_delisting_deregistration/