CRYSTALLEX INTL CORP COM (fka CRYFQ)

[jcwillis]

SEC Investor Bulletin: Trading Suspensions Link...

http://www.sec.gov/investor/alerts/tradingsuspensions.pdf

Appears your question is answered on Page 2. Monday is a US Trading Holiday. Crystallex resumes trading, in the Greys, Feb 21. However, if a broker-dealer for solicitation of a bid/ask takes them on, they could open in OTC/Pink. Just one catch. A Big One...

http://www.sec.gov/litigation/admin/2013/34-68836.pdf
"IT IS HEREBY FURTHER ORDERED that Respondents shall file an Answer to
the allegations contained in this Order within ten (10) days after service of this Order, ... ."
and
"IT IS FURTHER ORDERED that the Administrative Law Judge shall issue an
initial decision no later than 120 days from the date of service of this Order,... ."

Crystallex must file a response to the SEC within 10 days of service. Also, the "Further Ordered" reads like it could be as long as 120 days on Greys, awaiting the initial decision.

Questions raised by the SEC suspension will make Broker/Dealers/MM's run fast and far from this ticker. Crystallex obviously was in arrears of required filings. However, the complaint alleges, "...lack of current and accurate information... ." So, might be more than just being current in filings. SEC does not comment on suspension investigations. Company could, but is already well beyond the four day SEC requirement for a material event. Thumbing their nose at SEC? Actually, going silent is pretty much SOP for suspended companies.

Who knows. Maybe Crystallex can talk its way out of it.
Would think a PR would be out immediately if Crystallex did.
Otherwise, this opens for Grey trading, Thursday, Feb 21.

GLTA