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Post# of 49947
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janice shell

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janice shell

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Re: sunnyskies13 post# 49581

Sunday, 08/19/2012 7:05:35 PM

Sunday, August 19, 2012 7:05:35 PM

Post# of 49947
The CEO did NOT "ask" for registration to be revoked. They SEC moved on its own, announcing its intention to revoke on 3 May:

http://sec.gov/litigation/admin/2012/34-66908.pdf

AWYI responded by agreeing to accept revocation on 11 July:

http://sec.gov/litigation/admin/2012/34-67395.pdf

That is the story, and it's quite simple. You're now a shareholder in a private company. As for this:

If we are successful in acquiring the companies that we are pursuing, we believe that we may qualify to apply for trading on NASDAQ or NYSE/Amex.

What? They didn't have enough money to get their filings done, but they expect to make expensive acquisitions and move to the Nasdaq??

Sheesh.
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