U.S Fuel Corp. (fka USFF)

[MorningLightMountain]

Can an issuer have its Exchange Act registration
revoked?
In some cases, the SEC may revoke an issuer’s
registration pursuant to Section 12 of the Exchange Act
because of a long track record of delinquent filings. The
SEC has the authority to revoke such registration under
Section 12(j) of the Exchange Act. In many instances, a
revocation proceeding under Section 12(j) will be
preceded by a 10-day suspension in trading. This
suspension will most likely continue for a longer period
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of time because brokers cannot resume quotations until
they determine that the issuer has satisfied the
information requirements of Rule 15c2-11, which
usually is not possible because of the missing periodic
reports.
The SEC’s Division of Corporation Finance and
Division of Enforcement have been working jointly on a
delinquent filer program for several years. Delinquent
filers are identified and provided notice and an
opportunity to become current. If delinquent filers do
not become current even after an opportunity has been
provided, the SEC institutes a revocation proceeding.
Most revocation proceedings are decided against issuers
and the issuer’s registration is revoke

http://www.mofo.com/files/Uploads/Images/FAQ-Suspending-Reporting-Obligations.pdf