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Re: nathanial post# 3842

Friday, 07/19/2013 8:17:39 PM

Friday, July 19, 2013 8:17:39 PM

Post# of 4651
This is a fairly high level discussion of the process and suspensions in general

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

The primary hurdle is getting a market maker to sponsor a Form 211. They are EXTREMELY reluctant to do so for suspended stocks...to the point of it being virtually impossible, This is because the Market maker takes on liability for the issue...and frankly once the SEC suspends it is like the kiss of death. No MM will touch it...ever.

There is little reward and ALOT of risk.

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