InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,062.33
(
1.03%
)
US TECH 100
16,988.40
(
1.41%
)
Dow Jones
38,455.60
(
0.56%
)
Brent Oil
87.27
(
0.99%
)
Bitcoin
66,608.52
(
-0.37%
)
Post# of 4073
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

No Problems

Send PM Follow Ignore
Followers 2
Posts 1008
Boards Moderated 0
Alias Born 05/13/2004

No Problems

Re: smilincat post# 4031

Thursday, 02/16/2006 2:46:56 PM

Thursday, February 16, 2006 2:46:56 PM

Post# of 4073
The SEC has started the process to either suspend IBZT from trading for 12 months or revoking their registration entirely. They are doing this because IBZT has failed to make it's required filings to the commission.

If the stock's registration is revoked, it becomes illegal for market makers or brokers to facilitate a trade so the shares, in effect, become worthless. There is no longer any vehicle to liquidate.

They usually try pretty hard for revocation. Their intention is not a 12 month suspension.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up