Krisl: The Admin Proceeding was crystal clear that GPS Industries either files ALL delinquent Financials immediately or the stock will likely be revoked.
Excerpt from the Admin Proceeding:
Whether it is necessary and appropriate for the protection of investors to suspend for a period not exceeding twelve months, or revoke the registration of each class of securities registered pursuant to Section 12 of the Exchange Act of the Respondents identified in Section II hereof, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of any Respondents.
Since Jan 1st 2010 the SEC Admin Law Judge has revoked over 600 registrations on DEFAULT reasons when the suspended company did not file all delinquent Fins.
GPSNQ files Fins or the stock WILL be revoked.
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
