Endovasc Inc.(fka EVSC)

[Drugdoctor]

This stock was dead and not causing any problems, then the promo group starting pumping it, causing it to move on no corporate developments, since there isn't any physical corporation anymore, and it caught the SEC's attention.

And "Why did they target this when there are 100s out there with delinquent filings?? If it's a shell why can't it be traded?"

It's time to wise up! Shells without assets can be traded, and all the owners of the shell need to do is file SEC reports that state the nature of the shell, that it is a shell corp, and report the losses that the filing of the shell, and any other fees associated with maintaining the shell. Of course, this is thousands of dollars per year, with little or no chance of recouping these losses, so many shells don't file until right before a reverse merger that an interested buyer may want.

Remember - SEC rules state that all public registered securities (stocks) must file. That is the rule. Look below, and you will see hundreds of companies that have been "targeted". So if you are tempted to trade these non filing pinkies, remember that at any time, they can be suspended and revoked for non-filing.

GLTY

http://www.sec.gov/divisions/enforce/delinquent/delinqindex.htm