Sovereign Lithium, Inc. (SLCO)

[BigBake1]

False, because of "Due Process" in accordance with the CFR, the SEC nor FINRA can simply "Revoke" or "Halt" permanently the trading of a security without a due process. The SEC can only issue a suspension for 10 days on this securities registration, after that the Form 211 is no longer valid leaving it on the Grey Market. In the future if a formal complaint are filed in the particular State of registration the SEC may in fact revoke the registration completely. It can be 18 months on average from opening a case to filing a complaint.